The Third Way Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 905,960 | 1,082,972 | −177,012 | -0.8 | 60% |
| 2011 | 1,030,281 | 991,281 | 39,000 | 0.6 | 52% |
| 2012 | 1,366,000 | 1,243,417 | 122,583 | 1.0 | 42% |
| 2013 | 1,903,318 | 1,592,439 | 310,879 | 2.3 | 53% |
| 2014 | 1,940,413 | 1,986,255 | −45,842 | 2.2 | 52% |
| 2015 | 1,940,413 | 1,986,255 | −45,842 | 2.2 | 52% |
| 2016 | 2,743,046 | 2,269,580 | 473,466 | 2.5 | 40% |
| 2017 | 3,101,404 | 2,885,081 | 216,323 | 3.2 | 36% |
| 2018 | 3,779,404 | 3,662,965 | 116,439 | 2.9 | 43% |
| 2019 | 3,920,478 | 3,926,941 | −6,463 | 2.7 | 44% |
| 2020 | 13,724,985 | 3,761,093 | 9,963,892 | 34.6 | 52% |
| 2021 | 7,131,320 | 5,426,330 | 1,704,990 | 28.3 | 47% |
| 2022 | 7,340,480 | 6,197,734 | 1,142,746 | 25.2 | 50% |
| 2023 | 9,169,792 | 7,637,914 | 1,531,878 | 24.7 | 48% |
In its most recent public year (2023), this organization brought in $1,531,878 more than it spent. Its reserves stood at about 24.7 months of spending, up from -0.8 in 2010. Staff pay was 48% of spending. $140,000 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
The Third Way Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works