Tyndale House Ministries
93% goes to programs $0 to raise $100 Strong reserves Growing revenue
Tyndale House Ministries is a 501(c)(3) organization based in Carol Stream, Illinois, registered in 2019, with $61,964,353 in FY2024 revenue. CharityIndex grades it A+, and it directs about 93% of spending to programs.
351 Executive Dr, Carol Stream, IL, 60188 EIN 82-2635353 Since 2019
Revenue (FY2024)
$62.0M
▲ 29.1% vs prior year
Religion median: $139K
Expenses (FY2024)
$53.3M
Net assets
$124.3M
Employees
416
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating93% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Tyndale House Ministries: 93% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating28 mo reserves · +14% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Tyndale House Ministries: 28 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Tyndale House Ministries: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Tyndale House Ministries: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Minister to the spiritual needs of people, primarily through the publication of literature consistent with biblical principles and through grants to other charitable entities.
What they do
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.
Contact & location
- Address
- 351 Executive Dr, Carol Stream, IL, 60188
- City
- Carol Stream
- State
- Illinois
- Category
- Religion-Related
- Subcategory
- Religious Media
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $48.3M (FY2019) to $62.0M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $18.9MNet assets $124.3M
Operating margin
13.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$143.2M
Total liabilities
$18.9M
Net assets
$124.3M
Salaries & benefits
$31.1M
58% of expenses
Board members
10
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,964,353▲29.1% | $53,332,204▲12.0% | $124,339,599▲7.5% | $143,231,968▲7.6% | 990 |
| 2023 | $47,983,516▲11.1% | $47,634,617▲0.8% | $115,614,179▲5.7% | $133,156,638▼7.8% | 990 |
| 2022 | $43,200,114▼19.4% | $47,261,728▲0.4% | $109,387,771▼8.3% | $144,411,220▲0.6% | 990 |
| 2021 | $53,589,995▲34.1% | $47,086,086▲26.2% | $119,297,226▲3.4% | $143,491,209▲8.9% | 990 |
| 2020 | $39,960,556▼17.2% | $37,317,003▲90.2% | $115,326,963▲16.3% | $131,789,924▲19.4% | 990 |
| 2019 | $48,272,125 | $19,624,790 | $99,123,700 | $110,366,551 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Scott Mathews — $326,863 (0.61% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Scott Mathews | Chief Executive Officer | 40 | $326,863 |
| Ronald Beers | Chief Publishing Officer | 40 | $282,033 |
| Jeremy Taylor | Chief Ministry Officer | 40 | $263,572 |
| Sharon Heggeland | Chief Operating Officer | 40 | $263,422 |
| Todd Watkins | Chief Information Officer | 40 | $263,422 |
| Jeannie Iseman | Chief Financial Officer | 40 | $225,115 |
| Doug Walton | Vp, Hr & Admin. Services | 40 | $219,381 |
| Jeffrey Rustemeyer | Vp, Group Publisher Through 8/9/24 | 40 | $214,474 |
| Debra Johnson | Vp, Digital Marketing and Sales | 40 | $210,055 |
| Maria Eriksen-shalanko | Vp, Marketing and Public Relations | 40 | $200,183 |
| Sarah Atkinson | Vp, Tyndale Book Group | 40 | $189,993 |
| Mark Taylor | Chairman of the Board | 12 | $91,750 |
| Bruce Howard | Director | 5 | $19,650 |
| Robert Worcester | Director | 5 | $18,800 |
| Sandra Drury | Director | 5 | $15,500 |
| Kenneth O'brien | Director | 5 | $14,650 |
| Rebecca Wilson | Vice Chairman of the Board | 5 | $14,650 |
| Steven Scholes | Director | 5 | $14,650 |
| Eugene Cho | Director Began 11/20/24 | 5 | $1,250 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Rr Donnelley Asia Printing Sol Ltd | Printing | $14,291,497 |
| Amity Printing Company | Printing | $4,634,305 |
| Thomson Reuters | Printing | $2,772,371 |
| Bethany Press | Printing | $1,929,388 |
| Haha Printing Limited | Printing | $1,926,881 |
Grants received · $647K total
10 grants to Tyndale House Ministries totaling $647K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Bible translation | 2024 | $60,000 |
| Servant Foundation | Religious ministry | 2023 | $60,000 |
| Servant Foundation | Religious ministry | 2022 | $6,357 |
| National Christian Charitable Foundation | Evangelism | 2021 | $124,000 |
| Servant Foundation | Religious ministry | 2021 | $66,900 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $15,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $15,500 |
| Servant Foundation | Religious ministry | 2019 | $62,100 |
| American Bible Society | Program services | 2019 | $7,000 |
| American Bible Society | Program services | 2018 | $230,000 |
Grants made · $6.2M in FY2024
217 grants totaling $6.2M in FY2024 — showing the 15 largest. All grants made by Tyndale House Ministries →
| Recipient | Purpose | Amount |
|---|---|---|
| World Relief Corporation O National | General program support | $215,550 |
| Media Associates International Inc | General program support | $205,300 |
| Protestant Episcopal Church Diocese of Chicago Bishops and Trustees | General program support | $170,000 |
| Scholarleaders International | General program support | $147,500 |
| Faith and Learning International Nfp | General program support | $135,000 |
| Wheaton Society For Christian Instruction | General program support | $106,500 |
| Outreach Community Ministries Inc | General program support | $105,150 |
| International Generosity Foundation Trust | General program support | $103,500 |
| Pioneers | General program support | $100,340 |
| Wycliffe Bible Translators Inc | General program support | $97,885 |
| The New Horizons Foundation Inc | General program support | $95,000 |
| International Fellowship of Evangelical Students USA Inc | General program support | $94,000 |
| G O Ministries Inc | General program support | $85,000 |
| Mesa Global | General program support | $85,000 |
| Publish4africa | General program support | $81,500 |
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Frequently asked questions
- Is Tyndale House Ministries a legitimate nonprofit?
- Yes. Tyndale House Ministries is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-2635353, based in Carol Stream, Illinois. Donations are tax-deductible.
- What is Tyndale House Ministries's EIN?
- Tyndale House Ministries's Employer Identification Number (EIN) is 82-2635353.
- How much revenue does Tyndale House Ministries report?
- Tyndale House Ministries reported $61,964,353 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Tyndale House Ministries's spending goes to programs?
- Tyndale House Ministries spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Tyndale House Ministries have?
- CharityIndex grades Tyndale House Ministries A+, based on program efficiency and fundraising cost.
- How much does Tyndale House Ministries's highest-paid employee make?
- The highest reported compensation on Tyndale House Ministries's latest Form 990 is $326,863, paid to Scott Mathews (Chief Executive Officer).
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Data for Tyndale House Ministries (EIN 82-2635353) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.