Tyndale House Ministries
- Assets
- $133.2m
- Revenue
- $48.0m
- Investments
- $1.4m
- Employees
- 396
- Location
- Carol Stream, IL
- Founding
- 03/2019
- Data as of
- 03/2024
- EIN
- 82-2635353
Organization Overview
Tyndale House Ministries, operating under the name Tyndale House Publishers and Tyndale House Foundation, is located in Carol Stream, IL. The organization was established in 2019. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, under the broad grouping of Religion-Related and related organizations. As of 03/2024, Tyndale House Publishers and Tyndale House Foundation employed 396 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tyndale House Publishers and Tyndale House Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2024, Tyndale House Publishers and Tyndale House Foundation generated $48.0m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $47.6m during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Tyndale House Publishers and Tyndale House Foundation has awarded 666 individual grants totaling $19,371,410. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
MINISTER TO THE SPIRITUAL NEEDS OF PEOPLE, PRIMARILY THROUGH THE PUBLICATION OF LITERATURE CONSISTENT WITH BIBLICAL PRINCIPLES AND THROUGH GRANTS TO OTHER CHARITABLE ENTITIES.
Describe the Organization's Program Activity:
PUBLISHING MINISTRY - PRINT AND DISTRIBUTE CHRISTIAN BOOKS, BIBLES, PERIODICALS AND MEDIA PRODUCTS THAT ARE THEOLOGICALLY CONSISTENT WITH TYNDALE HOUSE MINISTRIES' (THM) CHRISTIAN BELIEFS AND HAVE MINISTRY VALUE TO CHURCHES AND INDIVIDUALS IN THE US AND CANADA. DURING THE YEAR, THM PUBLISHED A WIDE RANGE OF SUCH WORKS, INCLUDING BIBLES TARGETED TO VARIOUS DEMOGRAPHIC GROUPS, THEOLOGICAL BOOKS, CHRISTIAN NONFICTION BOOKS SUCH AS BIBLE STUDY GUIDES, AND BOOKS ON CHRISTIAN LIVING (INCLUDING HEALTH, FINANCES, FAMILY ISSUES, COUNSELING, EDUCATION, CURRENT EVENTS, HISTORY, AND ART). THM ALSO PUBLISHED CHRISTIAN FICTION WORKS, BOTH FOR ADULTS AND FOR CHILDREN. THM EXPECTS THAT ITS PUBLISHED CHRISTIAN LITERATURE WILL BE PURCHASED OR READ BY INDIVIDUALS WHO ARE SEEKING TO GROW IN THEIR CHRISTIAN FAITH OR ARE INTERESTED IN HEARING MORE ABOUT CHRISTIANITY. THM ALSO EXPECTS THAT ITS WORKS WILL BE USED OR DISTRIBUTED BY CHURCHES AND OTHER CHRISTIAN MINISTRY ORGANIZATIONS FOR THEIR SPIRITUAL GUIDANCE AND THE SPIRITUAL GROWTH OF THE INDIVIDUALS WITH WHOM THEY ARE MINISTERING.
GENEROUS GIVING - ISSUE GRANTS TO MINISTRIES AROUND THE WORLD THAT ARE INVOLVED WITH BIBLE TRANSLATION, LITERATURE DISTRIBUTION, LEADERSHIP TRAINING, AND HUMANITARIAN AID IN FURTHERANCE OF TYNDALE HOUSE MINISTRIES' (THM) CHRISTIAN MISSION. THROUGH GRANT-MAKING ACTIVITIES, THM BUILT ON THE LONG AND SUCCESSFUL HISTORY OF GRANT-MAKING THAT HAD BEEN OPERATED BY TYNDALE HOUSE FOUNDATION. THM'S GRANT-MAKING FOCUSES ON THREE MAIN AREAS OF ENDEAVOR: (1) CHRISTIAN LITERATURE WORK BOTH IN THE USA AND IN OTHER COUNTRIES, (2) EVANGELICAL CHRISTIAN ENDEAVORS OF VARIOUS TYPES BOTH IN THE USA AND IN OTHER COUNTRIES, AND (3) CHARITABLE WORK IN THE GREATER CHICAGO AND DUPAGE COUNTY AREA. DURING THE YEAR, GRANTS WERE MADE TO OTHER CHRISTIAN NONPROFIT ORGANIZATIONS WHOSE PURPOSES AND ACTIVITIES ALIGN WITH THE EXEMPT PURPOSES OF THM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Chief Ministry Officer | OfficerTrustee | 40 | $203,406 |
Name Not Listed Chief Executive Officer | OfficerTrustee | 40 | $253,546 |
Name Not Listed Director | Trustee | 5 | $16,800 |
Name Not Listed Director | Trustee | 5 | $12,650 |
Name Not Listed Chairman Of The Board | Trustee | 12 | $77,250 |
Name Not Listed Vice Chairman Of The Board | Trustee | 5 | $12,650 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rr Donnelley Asia Printing Sol Ltd Printing | 3/30/24 | $9,675,208 |
Thomson Reuters Printing | 3/30/24 | $3,204,699 |
Amity Printing Company Printing | 3/30/24 | $2,278,102 |
Amazon Advertising Llc Advertising | 3/30/24 | $1,680,139 |
Bethany Press Printing | 3/30/24 | $1,457,020 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $55,097 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,097 |
| Total Program Service Revenue | $0 |
| Investment income | $1,651,248 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,854,172 |
| Net Rental Income | $852,601 |
| Net Gain/Loss on Asset Sales | -$465,828 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $42,931,379 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $47,983,516 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,655,114 |
| Grants and other assistance to domestic individuals. | $723 |
| Grants and other assistance to Foreign Orgs/Individuals | $159,456 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,115,623 |
| Compensation of current officers, directors, key employees. | $428,687 |
| Compensation to disqualified persons | $47,310 |
| Other salaries and wages | $18,858,281 |
| Pension plan accruals and contributions | $1,466,825 |
| Other employee benefits | $2,987,055 |
| Payroll taxes | $1,438,705 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $345,173 |
| Fees for services: Accounting | $151,516 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $239,178 |
| Fees for services: Other | $3,047,856 |
| Advertising and promotion | $4,151,479 |
| Office expenses | $3,362,260 |
| Information technology | $759,527 |
| Royalties | $0 |
| Occupancy | $250,433 |
| Travel | $543,922 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $77,723 |
| Interest | $989,921 |
| Payments to affiliates | $2,013 |
| Depreciation, depletion, and amortization | $1,144,837 |
| Insurance | $268,030 |
| All other expenses | $177,175 |
| Total functional expenses | $47,634,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,179,292 |
| Savings and temporary cash investments | $2,408,462 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,442,044 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $565,166 |
| Inventories for sale or use | $34,644,408 |
| Prepaid expenses and deferred charges | $1,065,415 |
| Net Land, buildings, and equipment | $13,086,186 |
| Investments—publicly traded securities | $39,840,904 |
| Investments—other securities | $1,426,745 |
| Investments—program-related | $0 |
| Intangible assets | $3,490,828 |
| Other assets | $10,007,188 |
| Total assets | $133,156,638 |
| Accounts payable and accrued expenses | $13,754,626 |
| Grants payable | $0 |
| Deferred revenue | $77,940 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $3,098,775 |
| Other liabilities | $611,118 |
| Total liabilities | $17,542,459 |
| Net assets without donor restrictions | $84,588,908 |
| Net assets with donor restrictions | $31,025,271 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $133,156,638 |
Grants Awarded
Over the last fiscal year, Tyndale House Ministries has awarded $4,388,598 in support to 165 organizations.
| Grant Recipient | Amount |
|---|---|
KAREN CHRISTIAN REVIVAL CHURCH PURPOSE: General program support | $5,300 |
OPERATION MOBILIZATION PURPOSE: General program support | $5,410 |
FILTER OF HOPE PURPOSE: General program support | $5,500 |
NATION-2-NATION PURPOSE: General program support | $5,500 |
VILLAGE CREEK BIBLE CAMP PURPOSE: General program support | $5,500 |
WE CARE PREGNANCY CLINIC PURPOSE: General program support | $5,500 |