THIRD ACT INITIATIVE INC

NEW YORK, NY, 10016 (310) 929-0276 Est. 2022 EIN 88-0776955
Form 990
THIRDACT.ORG

Mission

TO BUILD A COMMUNITY OF AMERICANS OVER THE AGE OF SIXTY DETERMINED TO CHANGE THE WORLD FOR THE BETTER.

Financials

Total Revenue
$1,559,555
Total Expenses
$1,530,849
Net Assets
$260,261
15 employees 70,000 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
2.0 months Low
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 22.4%
Expenses ↓ 20.3%
Revenue Sources
Contributions 100.0%
Expense Breakdown
Program 71.0% Management 25.2% Fundraising 3.8%

Officers & Key Employees (6)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (3 filings)

YearRevenueExpensesNet Assets
2024 Form 990$1,559,555 ↓$1,530,849$260,261
2023 Form 990$2,008,973 ↑$1,919,749$254,798
2022 Form 990$896,157 $730,583$165,574

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EIN: 88-0776955 · Source: IRS Form 990 e-file data