Mission
THE TIMOTHY INITIATIVE EXISTS TO ADVANCE CHRIST'S KINGDOM BY MULTIPLYING DISCIPLES AND DISCIPLE MAKING CHURCHES AROUND THE WORLD.
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. 73 publicly reported grants to this organization, totaling roughly $23.8M, appear in IRS filings.
EIN: 800472803
RALEIGH, NC
Christianity
NTEE: X20
Latest filing: 2023
Total Revenue$22.7M
Total Expenses$21.7M
Total Assets$28.4M
Grant Records73
Funding Total$23.8M
Filing Years2019–2023
Where $100 goes at The Timothy Initiative Inc
How The Timothy Initiative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$86
Programs
the work itself
$6
Management
running the organization
$8
Fundraising
raising the next dollar
Inside the $86 for programs
$47
Projects in asia focus on disciple making, church planting and leadership developmentin and through indigenous leadership, we work in places and among people who have little to no…
$30
Projects in africa focus on disciple making, church planting and leadership developmentin and through indigenous leadership, we work in places and among people who have little to no…
$9
Projects in the americas focus on disciple making, church planting and leadership developmentin and through indigenous leadership, we work in places and among people who have little to…
Source: Form 990 filings with the IRS, latest fiscal year 2023. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
SUPPORT CHURCH PLANTING AND GOSPEL ENGAGEMENT PROJECTS
$166,667
ACHIEVE PROGRAM
$25,000
GENERAL SUPPORT
$23,560
CHURCH DEVELOPMENT
$5,589,389
RELIGION
$3,101,000
Showing up to 5 of 73 total records — full history available with membership.
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
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.