Timshol Ministries

Analysis

Timshol Ministries is a registered charity in United States, based in Addison, TX. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Timshol Ministries reported income of $305k and spending of $175k, leaving 43% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $292k to $305k (+4.7%), an average of +1.5% a year. The sharpest change came in the year to December 2023, when income rose by 164%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Timshol Ministries sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Scott Hinkle Outreach Ministries ($305k), Train International ($305k) and Quo Vadis Ministry ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $45k (26% of expenses). At year end it held assets of $218k against liabilities of $0, net assets of $218k. It reported 1 employees.