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New York · Nonprofit
THIRD ACT INITIATIVE INC (New York) is funded by 4 grantmakers whose IRS filings report $1,954,900 in grants to it, the largest being SUSTAINABLE MARKETS FOUNDATION ($1,025,900). 2 of them have funded it in more than one year.
Revenue, expenses and net assets — each indexed to 100 at its first filing year, so you read the trajectory, not the magnitude.
The funding model — what share of revenue comes from contributions, programs, investments and other sources — and whether it's shifting.
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.
The base broadened — 1 funders to 4 as grant income moved $376k → $1.2M.
From the IRS filings of THIRD ACT INITIATIVE INC’s funders (the co-funder graph). Association, not causation.
THIRD ACT INITIATIVE INC leans on a few funders — its largest provides 52% 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
Largest funder’s share by year: 2022 100% · 2023 53% · 2024 50% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.
THIRD ACT INITIATIVE INC is locally rooted: 83% of its grant income comes from New York funders.
In-state vs out-of-state, by year
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 4 funders put you under-funded among the 316 organizations that share them.
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.
Read directly from this organization’s own Form 990, as neutral context.
71% of spending goes to programs.
Operates in 1 state
Part of a family of 1 related entity
Every figure is read directly from IRS Form 990 / 990-PF e-file XML — this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 4funders 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. view filing