Third Way
Washington, District of Columbia
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 2 peers in Civil Rights, Social Action & Advocacy with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $27,152,185↓1% | $21,266,704↓8% | $57,624,634↑19% | |
| 2022 | $27,422,767↑14% | $23,095,434↑26% | $48,609,569↑5% | — |
| 2021 | $24,133,713↑31% | $18,395,269↑19% | $46,405,531↑19% | — |
| 2020 | $18,388,215↑14% | $15,511,587↑11% | $38,888,126↑33% | — |
| 2019 | $16,165,124↑397% | $14,002,839↑25% | $29,348,907↑18% | — |
| 2018 | $3,252,353↓72% | $11,170,460↑6% | $24,868,933↓25% | — |
| 2017 | $11,748,447↑13% | $10,584,926↑22% | $33,083,229↑18% | — |
| 2016 | $10,405,228↓4% | $8,704,498↓2% | $27,962,854↑9% | — |
| 2015 | $10,893,812↑24% | $8,917,953↑2% | $25,545,386↑4% | — |
| 2014 | $8,786,047↓6% | $8,774,006↑10% | $24,669,050↑3% | — |
| 2013 | $9,308,301 | $7,974,017↑11% | $23,845,149↑19% | — |
| 2012 | $9,323,124↑2% | $7,168,015↑13% | $19,981,521↑16% | — |
| 2011 | $9,099,760 | $6,361,583 | $17,223,875 | — |
Frequently Asked Questions
What does Third Way do?▼
Third Way is a civil rights, social action & advocacy nonprofit organization based in District of Columbia. It is classified under NTEE code R99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Third Way financially healthy?▼
Based on our 9-metric Financial Health Score model, Third Way has a score of 84/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Third Way generate?▼
Third Way reports $31.7M in annual revenue and holds $66.0M in total assets, based on IRS filings.
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