Public Charity

THE TIMOTHY INITIATIVE INC

THE TIMOTHY INITIATIVE INC, of RALEIGH, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2023 filing shows $22.7M in revenue, $21.7M in expenses, $28.4M in total assets. 67 publicly reported grants to this organization, totaling roughly $23.6M, appear in IRS filings.

EIN: 800472803 RALEIGH, NC Latest filing: 2023
Total Revenue$22.7M
Total Expenses$21.7M
Total Assets$28.4M
Grant Records67
Funding Total$23.6M
Filing Years2019–2023

Mission

THE TIMOTHY INITIATIVE EXISTS TO ADVANCE CHRIST'S KINGDOM BY MULTIPLYING DISCIPLES AND DISCIPLE MAKING CHURCHES AROUND THE WORLD.

Officers & Directors

DIRECTOR Alan Poenitske
INT'L OPERAT Andre Harriott
FOUNDER David Nelms
TREASURER Don Kelly
INT'L MINIST Fregy John
CEO & PRESID Jared Nelms

Officer compensation and complete director data available with membership.

Top Grant Purposes

CHURCH DEVELOPMENT
$8,193,425 5 grants
EVANGELISM
$3,385,212 7 grants
RELIGION
$3,376,000 3 grants
CHURCH PLANTING
$2,543,628 1 grant
For grant recipient's exempt purposes
$1,647,272 8 grants

Financial Trends

Year Revenue Expenses Assets
2023 $22.7M $21.7M $28.4M
2022 $18.5M $17.6M $27.0M
2021 $20.4M $9.9M $25.9M
2020 $14.0M $7.7M $15.4M
2019 $9.2M $6.3M $8.8M

Between 2019 and 2023, reported annual revenue grew from $9.2M to $22.7M (+147%), with total assets most recently reported at $28.4M.

Interactive year-over-year charts and full filing details available with membership.

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