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Indiana · Nonprofit

FRIENDS OF THE THIRD WORLD INC

FRIENDS OF THE THIRD WORLD INC (Indiana) receives grants from 4 organizations whose IRS filings report $92,581 to it, the largest being GLOBALGIVING FOUNDATION INC ($75,651). 2 of them have funded it in more than one year.

Revenue FY2024
$187k
Funders on record
4
Grants received
$93k
Net assets
$578k
2/4 repeat funderspeak grant-dependency 10%
01What it does

What Friends of the Third World Inc does

Mission

to alleviate the root causes of poverty through self-help partnerships, and to educate and encourage citizens to take voluntary action against poverty through a cooperative democratic marketplace, employment training and demonstration projects.

As stated on its FY2024 Form 990.

Programs

On its FY2024 return the organization reported a significant change in how it conducts a program.

A location in peoria illinois was closed.

Its own explanation, from Schedule O of that return (Part III, line 3).

  1. Technical assistance to low income adults who produce handicrafts or food. Marketing is conducted by dedicated volunteers or thru partnerships with other nongovernmental organizations using fair trade principles (see www.fairtradefederation.org) Artisans from 50 countries as well as 10 states, manage community based micro businesses, receiving marketing and management assistance. We assist in finding markets including those in nontraditional venues such as mission festivals. Family farmers in 12 countries, as well as Native American food producers in Georgia, Minnesota,South Dakota, and Colorado receive similar assistance in reaching nontraditional markets like religious congregations & community based organizations. A total of $21659 in purchases directly assisted these low-income producers. In addition, we are able to provide unemployed adults in Indiana with skills training in retail sales, bookkeeping &computer data entry. A total of 28,281 worth of volunteer labor was donated to this project. One part-time staff person managed this project. Two locations: Third Wo0rld Shoppe of Fort Wayne, Indiana, and Third World Handarts in Sierra Vista, Arizona host volunteer chapters.…

    $22,882 spent$31,140 earned by the program
    10% of program spending
  2. TECHNICAL AND MICRO-ECONOMIC ASSISTANCE TO PROJECTS AND PROGRAMS THAT ENCOURAGE SELF-RELIANCE FOR LOW-INCOME ADULTS AND FAMILIES. A total of $3,500 in volunteer labor was allocated to this effort. Poder Joven Foundation is a charity aiding homeless youth and low-income families in Medellin, Colombia was granted $67,038. Voice Trust assists low-income families with sustainable farming, educated orphan children & provides flood relief and food aid in Tamil Nadu, India and was granted $48,329. Food Assistance to low-income families in Fort Wayne, Indiana totaled by value 9060. ($2500 nonprofits totaling $1296 include the Fair Trade Federation, West Central Neighborhood Association, Community Harvest Food Bank, NAEIR, Tech Soup, Chicago Fair Trade, NE Indiana Nonprofit Association, U.S. Federation of Worker Cooperatives, Green America, and the Alliance for Human Services

    $119,405 spentof which $115,278 as grants$120,054 earned by the program
    54% of program spending
  3. EMPLOYMENT SKILLS TRAINING AND MENTORING OF LOW-INCOME ADULTS. With the assistance of volunteer professionals, we mentor people referred by local court/probation offices & mental health offices, IMPACT (food stamp recipients) and other agencies. We teach building maintenance & repair, graphic art, data entry, bookkeeping and retail store operations. We provide participants with free lunch and other personal supports. In addition, labor is donated to provide printing and mailing services for 200 nonprofits and churches. Printing and communications services are provided to local neighborhood associations, and charities that assist flood in Guatemala, refugees from Myanmar and groups assisting the malnourished and unhoused. Volunteer labor was valued at $37,500. The building owned for use as our headquarters is also used as a training site. In addition, rental housing is provided as transitional housing for adults with disabilities. One part-time staff person managed this project.

    $74,142 spent$74,202 earned by the program
    34% of program spending
  4. Educational Programs about Poverty and related social concerns totaled $2500 in volunteer services. This activity includes a book and resource store hosting world maps and 600 other related topics as well as fulfilling orders for several other educational programs. In addition $40,000 worth of volunteer labor was provided to fulfill administrative and management needs.

    $4,276 spent$3,647 earned by the program
    2% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $220,705.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($204k) Expenses 100 ($223k) Net assets 100 ($559k)2022 Revenue 105 ($214k) Expenses 91 ($203k) Net assets 102 ($570k)2023 Revenue 93 ($190k) Expenses 84 ($187k) Net assets 102 ($573k)2024 Revenue 92 ($187k) Expenses 82 ($182k) Net assets 103 ($578k)
2021202220232024
Revenue (92)Expenses (82)Net assets (103)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $607k to $614k (+1%).

$607k
$614k
$613k
$615k
2021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 10% · 2022 8% · 2023 7% · 2024 7%. Grants only. Government contracts and fees sit inside program revenue.

59% of FRIENDS OF THE THIRD WORLD INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (100% for the typical peer).

This organization
Typical peer · 4,945 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.

−$20k
’21
$11k
’22
$2k
’23
$5k
’24
13
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2021202220232024
Listed12121112
Joined·+0+0+2
No longer listed·011
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 3 funders to 2 funders, grant income fell $24k → $9k.

Funder
'20
'21
'22
'23
'24*
total
funders
3
2
2
2
2

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FRIENDS OF THE THIRD WORLD INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FRIENDS OF THE THIRD WORLD INC leans on a few funders — its largest provides 82% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

82% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FRIENDS OF THE THIRD WORLD INC.

82%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 97% · 2021 100% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

FRIENDS OF THE THIRD WORLD INC draws 100% of its grant income from funders outside Indiana, across 3 states in all.

PA
CT
DC

In-state vs out-of-state, by year

’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $26 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FRIENDS OF THE THIRD WORLD INC holds deeper cash reserves than three-quarters of the 4,524 international nonprofits its size.

Operating margin3% · above the median
Months of reserve13.2mo · top quartile
Revenue growth (annualized)−3% · bottom quartile

this organization peer median middle 50% of peers· 4,524 international nonprofits $100k–$1M, FY2024

Organizations like FRIENDS OF THE THIRD WORLD INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 5%Fundraising 1%

Governance

12
board members
83%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 5 states

IL
WI
MI
IN
CA

Screen this organization

A dated, signed PDF of the compliance screen for FRIENDS OF THE THIRD WORLD INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FRIENDS OF THE THIRD WORLD INC?
FRIENDS OF THE THIRD WORLD INC (Indiana) receives grants from 4 organizations whose IRS filings report $92,581 to it, the largest being GLOBALGIVING FOUNDATION INC ($75,651). 2 of them have funded it in more than one year.
How many funders does FRIENDS OF THE THIRD WORLD INC have?
IRS filings report 4 organizations giving $92,581 in grants to FRIENDS OF THE THIRD WORLD INC, 2 of which have funded it in more than one year.
Who is the largest funder of FRIENDS OF THE THIRD WORLD INC?
GLOBALGIVING FOUNDATION INC is the largest funder on record, with $75,651 in grants. The full list of funders is on this page.
How can an organization like FRIENDS OF THE THIRD WORLD INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Friends of the Third World →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing