R — Civil Rights, Social Action & AdvocacyEIN: 260535276· Ruling Year: 2009

Third Way Institute

Washington, District of Columbia

B+Health Score
66B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

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 Org0.79×
Peer Median7.51×
💰
$18.4M
Total Revenue
📊
$20.4M
Total Expenses
🏦
$16.2M
Net Assets
📋
$15.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.6%
Year-over-year change (2022 → 2023)
Net Margin
-10.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.79
Net assets divided by total expenses
Liabilities-to-Assets
49.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$18,435,203↑11%$20,439,102↑10%$31,865,844↑2%
2022$16,673,694↑27%$18,624,669↑37%$31,095,329↓1%
2021$13,168,631↓1%$13,609,991↑12%$31,398,339↑28%
2020$13,267,901↑10%$12,133,756↑5%$24,555,720↑3%
2019$12,100,620↑43%$11,599,533↑5393%$23,801,324↑26%
2018$8,457,099↓20%$211,169↓97%$18,826,482↑113%
2017$10,630,450↑19%$8,379,387↑17%$8,834,746↓18%
2016$8,930,483↑8%$7,184,416↓7%$10,749,354↑144%
2015$8,298,096↓1%$7,712,417↑30%$4,413,674↑14%
2014$8,352,728↑22%$5,912,835↑1%$3,879,480↑193%
2013$6,840,767↑25%$5,871,024↑3%$1,325,801↑269%
2012$5,470,935$5,675,152↑2%$359,125↓43%
2011$5,496,994$5,562,295$632,911

Frequently Asked Questions

What does Third Way Institute do?▼

Third Way Institute is a civil rights, social action & advocacy nonprofit organization based in District of Columbia. It is classified under NTEE code R05 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Third Way Institute financially healthy?▼

Based on our 9-metric Financial Health Score model, Third Way Institute has a score of 66/100 (Grade: B+). 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 Institute generate?▼

Third Way Institute reports $19.3M in annual revenue and holds $28.3M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Civil Rights, Social Action & Advocacy category, or browse all nonprofits in District of Columbia.