The Timothy Foundation

Analysis

The Timothy Foundation is a registered charity in United States, based in Poplar Bluff, MO. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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 June 2024, The Timothy Foundation reported income of $383k and spending of $359k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $322k to $383k (+19%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Timothy Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within MO. Charities of a similar size with the same main cause include Southwest Family Life Centers Inc ($383k), Summerfield Recreation Association Inc ($383k) and Park River Volunteer Ambulance Service Inc ($383k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Other salaries and wages came to $213k. At year end it held assets of $110k against liabilities of $1,481, net assets of $108k. It reported 17 employees.