Tyndale House Ministries
Analysis
Tyndale House Ministries is a registered charity in United States, based in Carol Stream, IL. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending March 2024, Tyndale House Ministries reported income of $48.0m and spending of $47.6m, spending 99% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $48.3m to $48.0m (-0.6%), an average of -0.1% a year. The sharpest change came in the year to March 2022, when income rose by 34%. Over the whole period it spent 85% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Tyndale House Ministries sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Awakening Foundation ($43.5m), Yeshivat Darche Eres Inc ($48.4m) and Inspirational Network Inc ($43.3m).
On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.1% of the total. Compensation of current officers, directors and key employees was $2.1m (4.4% of expenses). Other salaries and wages came to $18.9m. At year end it held assets of $133.2m against liabilities of $17.5m, net assets of $115.6m. It reported 396 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.1%
- Other 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Awakening Foundation | Conway | $43.5m |
| Yeshivat Darche Eres Inc | Brooklyn | $48.4m |
| Inspirational Network Inc | Indian Land | $43.3m |
| United Faith Ministries Inc | Norfolk | $49.3m |