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New York · Nonprofit

THE THIRD RAIL NYC INC

THE THIRD RAIL NYC INC (New York) receives grants from 3 organizations whose IRS filings report $23,988 to it, the largest being PUBLIC MEDIA INSTITUTE ($12,000). 2 of them have funded it in more than one year.

Revenue FY2025
$65k
Funders on record
3
Grants received
$24k
Net assets
$130k
2/3 repeat funderspeak grant-dependency 30%
01What it does

What The Third Rail NYC Inc does

Mission

Charitable contributions

As stated on its FY2025 Form 990-EZ.

Programs

  1. Support for nycfc fans, tr members and the nyc community

    $5,788 spent
    45% of program spending
  2. To advance the game of soccer as both spectator sportand participatory activity within ny and its surrounding areas

    $1,800 spent
    14% of program spending
  3. To advance the game of soccer as both spectator sportand participatory activity within ny and its surrounding areas

    $5,147 spent
    40% of program spending

The 3 programs described on its FY2025 Form 990-EZ. Program spending in total: $12,735.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($38k) Expenses 100 ($34k) Net assets 100 ($22k)2020 Revenue 56 ($21k) Expenses 50 ($17k) Net assets 121 ($26k)2021 Revenue 114 ($44k) Expenses 66 ($23k) Net assets 218 ($47k)2022 Revenue 187 ($71k) Expenses 207 ($70k) Net assets 224 ($49k)2024 Revenue 143 ($55k) Expenses 111 ($38k) Net assets 471 ($102k)2025 Revenue 171 ($65k) Expenses 112 ($38k) Net assets 597 ($130k)
201920202021202220242025
Revenue (171)Expenses (112)Net assets (597)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 2020 to 2021, from $27k to $61k (+126%).

$33k
$27k
$61k
$54k
$114k
$132k
201920202021202220242025
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.

2019
2020
2021
2022
2024
2025
ContributionsProgram revenueInvestmentOther

80% of THE THIRD RAIL NYC INC’s revenue is contributions — more donation-reliant than the typical peer (39% for the typical peer).

This organization
Typical peer · 15,075 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$4k
’19
$4k
’20
$21k
’21
$1k
’22
$17k
’24
$27k
’25
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $109 → $1k.

Funder
'21
'22
'23
'24*
total
$12k
funders
1
3
2
1

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% 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 THE THIRD RAIL NYC 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

THE THIRD RAIL NYC INC leans on a few funders — its largest provides 50% 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

52% 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 THE THIRD RAIL NYC INC.

50%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2021 100% · 2022 57% · 2023 79% — diversifying over time.

“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

THE THIRD RAIL NYC INC draws 51% of its grant income from funders outside New York, across 2 states in all.

IL
NY

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

’22
’23
New York out of state home

Funder states come from each funder’s own filing. $566 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

THE THIRD RAIL NYC INC runs a healthier operating margin than three-quarters of the 9,557 recreation & sports nonprofits its size.

Operating margin42% · top quartile
Revenue growth (annualized)9% · top quartile

this organization peer median middle 50% of peers· 9,557 recreation & sports nonprofits under $100k, FY2025

Organizations like THE THIRD RAIL NYC 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 New York

Nationally

05Profile & governance

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

Public support

100%

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

Screen this organization

A dated, signed PDF of the compliance screen for THE THIRD RAIL NYC 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 THE THIRD RAIL NYC INC?
THE THIRD RAIL NYC INC (New York) receives grants from 3 organizations whose IRS filings report $23,988 to it, the largest being PUBLIC MEDIA INSTITUTE ($12,000). 2 of them have funded it in more than one year.
How many funders does THE THIRD RAIL NYC INC have?
IRS filings report 3 organizations giving $23,988 in grants to THE THIRD RAIL NYC INC, 2 of which have funded it in more than one year.
Who is the largest funder of THE THIRD RAIL NYC INC?
PUBLIC MEDIA INSTITUTE is the largest funder on record, with $12,000 in grants. The full list of funders is on this page.
How can an organization like THE THIRD RAIL NYC INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 Third Rail NYC →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 3 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