R — Civil Rights, Social Action & AdvocacyEIN: 201734070· Ruling Year: 2005

Third Way

Washington, District of Columbia

A-Health Score
84A-

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)

This Org2.35×
Peer Median7.51×
💰
$27.2M
Total Revenue
📊
$21.3M
Total Expenses
🏦
$50.0M
Net Assets
📋
$7.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.0%
Year-over-year change (2022 → 2023)
Net Margin
+21.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.35
Net assets divided by total expenses
Liabilities-to-Assets
13.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
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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