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North Carolina · Nonprofit

THE TIMOTHY INITIATIVE INC

THE TIMOTHY INITIATIVE INC (North Carolina) receives grants from 47 organizations whose IRS filings report $27,411,808 to it, the largest being DOULOS PARTNERS ($8,193,425). 27 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2023
$23M
Funders on record
47
Grants received
$27M
Net assets
$27M
27/47 repeat funderspeak grant-dependency 20%
01What it does

What The Timothy Initiative Inc does

Mission

The timothy initiative exists to advance christ's kingdom by multiplying disciples and disciple making churches around the world.

As stated on its FY2023 Form 990.

Programs

  1. 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 access to the gospel. The primary aim of all efforts result in new disciples made and multiplied, new churches planted and multiplied, new leaders raised up multiplied, orphans and widows taken in and cared for by the local church, unreached people groups and unreached places engaged.

    $10,172,233 spentof which $765,379 as grants
    54% of program spending
  2. 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 access to the gospel. The primary aim of all efforts result in new disciples made and multiplied, new churches planted and multiplied, new leaders raised up multiplied, orphans and widows taken in and cared for by the local church, unreached people groups and unreached places engaged.

    $6,613,854 spentof which $1,313,144 as grants
    35% of program spending
  3. 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 no access to the gospel. The primary aim of all efforts result in new disciples made and multiplied, new churches planted and multiplied, new leaders raised up multiplied, orphans and widows taken in and cared for by the local church, unreached people groups and unreached places engaged.

    $2,037,078 spentof which $14,981 as grants
    11% of program spending

The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $18,823,165.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($4.5M) Expenses 100 ($3.4M) Net assets 100 ($4.0M)2018 Revenue 140 ($6.2M) Expenses 132 ($4.4M) Net assets 144 ($5.8M)2019 Revenue 206 ($9.2M) Expenses 187 ($6.3M) Net assets 216 ($8.7M)2020 Revenue 313 ($14M) Expenses 228 ($7.7M) Net assets 372 ($15M)2021 Revenue 457 ($20M) Expenses 293 ($9.9M) Net assets 633 ($26M)2022 Revenue 414 ($18M) Expenses 524 ($18M) Net assets 653 ($26M)2023 Revenue 508 ($23M) Expenses 646 ($22M) Net assets 676 ($27M)
2017201820192020202120222023
Revenue (508)Expenses (646)Net assets (676)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $15M to $26M (+68%).

$4.2M
$5.9M
$8.8M
$15M
$26M
$27M
$28M
2017201820192020202120222023
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
ContributionsProgram revenueInvestmentOther

96% of THE TIMOTHY INITIATIVE INC’s revenue is contributions — more donation-reliant than the typical peer (84% for the typical peer).

This organization
Typical peer · 298 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 7 reported years ran a deficit.

$1.1M
’17
$1.8M
’18
$2.9M
’19
$6.3M
’20
$11M
’21
$834k
’22
$921k
’23
6.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Jared Nelms

CEO & presid

Board chair

Jeff Forester

Board chair

As listed on its FY2023 Form 990.

2017201820192020202120222023
Listed24232321121714
Joined·+1+4+10+0+5+1
No longer listed·2412904
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 27 funders, grant income rose $89k → $4.2M.

14 of 47 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 54% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE TIMOTHY INITIATIVE INC’s funders (the co-funder graph). Top 30 of 47 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE TIMOTHY INITIATIVE INC leans on a few funders — its largest provides 30% of grant income and the top three 63%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

90% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE TIMOTHY INITIATIVE INC.

30%
largest funder
63%
top three
~6
effective funders

Largest funder’s share by year: 2017 56% · 2018 78% · 2019 80% · 2020 36% · 2021 42% · 2022 27% · 2023 29% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

55% of THE TIMOTHY INITIATIVE INC's funders are still giving 3 years after their first grant; 57% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

54% of THE TIMOTHY INITIATIVE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $13M that is directly attributable, 99% of it comes from funders outside North Carolina, across 17 states.

ID
MN
MI
NY
SD
IN
PA
CT
CA
NE
KY
MD
AZ
NC
AL
GA
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $15M arriving through sponsors registered in 12 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE TIMOTHY INITIATIVE INC holds deeper cash reserves than three-quarters of the 234 religion nonprofits its size.

Operating margin4% · below the median
Months of reserve6.7mo · top quartile
Revenue growth (annualized)31% · top quartile

this organization peer median middle 50% of peers· 234 religion nonprofits $10M–$100M, FY2023

Government funding THE TIMOTHY INITIATIVE INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $39 on record.

State$39
Top programs
  • REFUNDS - GENERAL $39

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like THE TIMOTHY INITIATIVE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 6%Fundraising 8%

Governance

10
board members
80%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 2 states

NC
FL

Part of a family of 1 related entity

  • Glocal Transformation Network LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for THE TIMOTHY INITIATIVE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE TIMOTHY INITIATIVE INC?
THE TIMOTHY INITIATIVE INC (North Carolina) receives grants from 47 organizations whose IRS filings report $27,411,808 to it, the largest being DOULOS PARTNERS ($8,193,425). 27 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE TIMOTHY INITIATIVE INC have?
IRS filings report 47 organizations giving $27,411,808 in grants to THE TIMOTHY INITIATIVE INC, 27 of which have funded it in more than one year.
Who is the largest funder of THE TIMOTHY INITIATIVE INC?
DOULOS PARTNERS is the largest funder on record, with $8,193,425 in grants. The full list of funders is on this page.
How can an organization like THE TIMOTHY INITIATIVE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Timothy Initiative →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2017–2023), and the filings of 47 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing