Thirdpath Institute

Analysis

Thirdpath Institute is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Thirdpath Institute reported income of $75k and spending of $73k, spending 97% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $125k to $75k (-40%), an average of -22% a year. The sharpest change came in the year to June 2024, when income dropped by 24%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thirdpath Institute sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within PA. Charities of a similar size with the same main cause include Lakeside Elementary School Parent T Eacher Organization ($75k), Whitman High School Education Foudation Corporation ($75k) and Texas Association of Community College Marketers Inc ($75k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 2.0% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.