Third Wave Volunteers Inc

Analysis

Third Wave Volunteers Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 Wave Volunteers Inc reported income of $3.6m and spending of $3.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $3.6m (-5.2%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income rose by 118%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Third Wave Volunteers Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Thriving United Inc ($3.6m), Good Hope Hospital Inc ($3.7m) and Empowerment Resource Center Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $24k. At year end it held assets of $26k against liabilities of $476, net assets of $26k. It reported 1 employees.