Third Lens Corporation

Analysis

Third Lens Corporation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Third Lens Corporation reported income of $1.1m and spending of $960k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $233k to $1.1m (+356%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Third Lens Corporation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Somo Project ($1.1m), Global Smile Foundation ($1.1m) and International Israel Allies Caucus Foundation Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $70k (7.3% of expenses). Other salaries and wages came to $345k. At year end it held assets of $215k against liabilities of $5,846, net assets of $209k. It reported 17 employees.