THIRD WAY

WASHINGTON, DC, 20036-5423 (202) 384-1700 Est. 2004 EIN 20-1734070
R99 - Civil Rights & Advocacy N.E.C. 990 - Public charity return 501(c)(4)
www.thirdway.org

Mission

TO RESEARCH AND DEVELOP CENTRIST POLICY IDEAS.

Giving Portfolio

Total Grants
28
Total Giving
$3.5M
Recipients
28
Years Active
2018 - 2024
Avg grant: $99,873 Median: $62,500

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202410$1.7M $168K82
20233$460K $153K21
20224$245K $61K22
20213$170K $57K30
20207$947K $135K61
20181$25K $25K10

Sectors Funded

Environment
5
Human Services
5
Education
3
Civil Rights & Advocacy
1
Public & Societal Benefit
1
International & Foreign Affairs
1
Community Improvement
1
Animal-Related
1

Top States

District of Columbia
15
New York
3
California
3
Virginia
2
Massachusetts
2
Minnesota
1
North Carolina
1
Utah
1

Grantee Size Profile

$1M - $5M
5
$500K - $1M
5
Over $50M
4
$5M - $10M
2
$10M - $50M
1

Top Grantees

Page 1 of 3
$666K
PROTECT OUR FAMILIES INC
UT
$475K
DC - 2 grants
$315K
CIVIC ATTENTION INC
VA
$180K
$150K

Grants Awarded · 19 grants

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Financials

Total Revenue
$31,698,898
Total Expenses
$24,538,373
Net Assets
$58,724,598
99 employees 34 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
2.4 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 16.7%
Expenses ↑ 15.4%
Revenue Sources
Contributions 92.9% Investment 7.1%
Expense Breakdown
Program 87.7% Management 10.1% Fundraising 2.2%

Officers & Trustees (43)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$31,698,898 ↑$24,538,373$58,724,598
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$27,152,185 ↓$21,266,704$50,031,214
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$27,422,767 ↑$23,095,434$40,383,222
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$24,133,713 ↑$18,395,269$42,502,224
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$18,388,215 ↑$15,511,587$33,422,996
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$3,252,353 $11,170,460$22,667,124

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EIN: 20-1734070 · Source: IRS Form 990 e-file data