Third Sector New England Inc
84% goes to programs $3 to raise $100 Strong reserves
Third Sector New England Inc is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1960, with $92,168,799 in FY2024 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
89 South St Ste 700, Boston, MA, 02111 EIN 04-2261109 Since 1960
Revenue (FY2024)
$92.2M
▲ 35.5% vs prior year
Community median: $184K
Expenses (FY2024)
$82.2M
Net assets
$97.1M
Employees
545
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating84% to programs · $3 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Third Sector New England Inc: 84% to programs · $3 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating14 mo reserves · +11% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Third Sector New England Inc: 14 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Third Sector New England Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Third Sector New England Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Tsne strengthens organizations working towards a just and equitable society.
What they do
Tsne's consulting services assist non-profits in building organizational capacity using a whole systems approach. a broad range of services are offered that include organizational assessment, board development, executive transitions management, succession planning, program evaluation, and strategic planning. our consultants also engage in field building projects which affect coalitions or have broad community impact.
Tsne's property services provides nonprofits with affordable property management services and below-market office and meeting spaces. the nonprofit center is boston's home for progressive social change nonprofits and a resource for the larger nonprofit community. with 110,000 square feet of office space and meeting space, the center is a hub for nonprofits in the boston area. developed using sustainable design, the center's mission is to foster collaboration and enhance organizational stability. the center's tenants are mission-focused nonprofits committed to making a positive impact in the communities they operate and on the constituents they serve. in addition to the nonprofit center, tsne provides wrap-around property management and operational support for local nonprofit owned properties.
Contact & location
- Address
- 89 South St Ste 700, Boston, MA, 02111
- City
- Boston
- State
- Massachusetts
- Subcategory
- Nonprofit Management Support
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $33.1M (FY2013) to $92.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $19.0MNet assets $97.1M
Operating margin
10.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$116.1M
Total liabilities
$19.0M
Net assets
$97.1M
Salaries & benefits
$44.8M
54% of expenses
Board members
11
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $92,168,799▲35.5% | $82,212,723▲1.3% | $97,056,795▼24.3% | $116,072,302▼22.1% | 990 |
| 2023 | $68,007,933▼23.0% | $81,186,450▲7.6% | $128,259,926▼8.6% | $148,962,717▼8.3% | 990 |
| 2022 | $88,378,996▲5.7% | $75,477,123▲19.3% | $140,291,166▲12.6% | $162,486,187▲12.1% | 990 |
| 2021 | $83,599,694▲3.4% | $63,267,554▼0.4% | $124,630,433▲15.6% | $144,887,260▲12.3% | 990 |
| 2020 | $80,834,257▲14.6% | $63,544,015▲0.6% | $107,855,426▲24.8% | $129,062,411▲17.3% | 990 |
| 2019 | $70,555,519▼2.8% | $63,173,630▲5.7% | $86,456,686▲2.8% | $110,017,543▲4.4% | 990 |
| 2018 | $72,561,937▲42.9% | $59,756,675▲13.7% | $84,130,776▲19.7% | $105,346,204▲16.2% | 990 |
| 2017 | $50,793,982▼20.5% | $52,577,755▲6.6% | $70,297,135▲0.1% | $90,680,820▲0.5% | 990 |
| 2016 | $63,916,270▲25.2% | $49,318,212▲15.7% | $70,233,234▲31.5% | $90,219,106▲22.0% | 990 |
| 2015 | $51,060,753▲39.5% | $42,614,372▲27.9% | $53,424,980▲17.2% | $73,950,923▲11.7% | 990 |
| 2014 | $36,602,911▲10.5% | $33,316,010▲30.6% | $45,571,036▲5.9% | $66,225,774▲6.2% | 990 |
| 2013 | $33,128,026 | $25,508,412▲11.6% | $43,047,745▲26.0% | $62,373,256▲18.1% | 990 |
| 2012 | — | $22,857,091▼0.5% | $34,170,526▲22.0% | $52,813,743▲13.3% | 990 |
| 2011 | — | $22,962,519▲14.0% | $27,998,125▼4.0% | $46,618,266▼3.6% | 990 |
| 2010 | — | $20,150,936▲6.5% | $29,152,952▲8.3% | $48,348,979▲6.3% | 990 |
| 2009 | — | $18,914,253 | $26,906,961 | $45,493,998 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Elaine L Ng — $374,351 (0.46% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Elaine L Ng | Ceo | 37.5 | $374,351 |
| Susan G Hibbard | Project Director | 37.5 | $269,426 |
| Noah Stockman | Cfo | 37.5 | $252,143 |
| Luz D Rivera | Chief People and Culture Officer | 37.5 | $236,315 |
| Frances Kunreuther | Project Director (until 09/30/24) | 37.5 | $233,665 |
| Risa Wilkerson | Project Director | 37.5 | $233,592 |
| Michael Ibrahim | Chief Program and Impact Officer | 37.5 | $230,268 |
| Angela Brown | Board Member | 0.3 | — |
| Ayisha Lee | Board Member | 0.3 | — |
| Beth Chandler | Vice Chair | 0.3 | — |
| Clement V James | Treasurer | 0.3 | — |
| David Shapiro | Board Member(from 03/07/25) | 0.3 | — |
| Erin Mcaleer | Board Member(from 03/07/25) | 0.3 | — |
| Jaye Y Smith | Chair | 0.3 | — |
| Jay Kim | Board Member | 0.3 | — |
| Marcos L Popovich | Clerk | 0.3 | — |
| Megha Vadula | Board Member | 0.3 | — |
| Nancy B Gardiner | Board Member | 0.3 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Jeffrey Capizzano the Policy Equity Gro | Advocacy, Research & Communication | $814,032 |
| Harriet Dichter | Consulting On Quality Improvement | $335,305 |
| Valtas Group Washington LLC | Professional Executive Search | $185,126 |
| Kasirer LLC | Public Relations & Lobbying | $180,000 |
| Spotlight Pr LLC | Communication Consulting | $173,712 |
Grants received · $79.3M total
469 grants to Third Sector New England Inc totaling $79.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $1,752,500 |
| The New York Community Trust | For program support. | 2024 | $180,000 |
| Third Sector New England Inc | Rest and respite grant | 2024 | $131,250 |
| Amalgamated Charitable Foundation Inc | General operating support and project support | 2024 | $114,250 |
| Oregon Community Foundation | Early childhood | 2024 | $110,400 |
| Impactassets Inc | General support | 2024 | $105,000 |
| The Rhode Island Community Foundation | Hl - healthy lives (primary) | 2024 | $104,500 |
| Nellie Mae Education Foundation Inc | Operating support 2024-26 - state and school finance project | 2024 | $100,000 |
| Nellie Mae Education Foundation Inc | Capacity building accelerator - revere youth in action | 2024 | $100,000 |
| The Rhode Island Community Foundation | Env - environment (primary) | 2024 | $88,124 |
| Proteus Fund Inc | Democracy | 2024 | $80,000 |
| American Online Giving Foundation Inc | General support | 2024 | $74,113 |
| The New York Community Trust | For program support. | 2024 | $74,000 |
| National Domestic Workers Alliance Inc | Affiliate support | 2024 | $61,200 |
| Tides Foundation | Equity, human rights, and economic empowerment | 2024 | $55,000 |
Grants made · $12.5M in FY2024
94 grants totaling $12.5M in FY2024 — showing the 15 largest. All grants made by Third Sector New England Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Regents of the University of Colorado | Transforming early educator lead teacher preparation programs | $1,086,031 |
| Policy Institute For the Children of Louisiana Inc | Eeic compensation grant | $1,043,288 |
| District of Columbia Government Dc Treasury | Eeic compensation grant | $914,000 |
| University of Maryland Baltimore | Eeic compensation grant | $538,107 |
| Child Care Associates | Eeic compensation grant | $531,868 |
| State of Colorado Dept of Early Childhood | Eeic compensation grant | $493,546 |
| Minnesota Department of Education | Early educator grant | $423,361 |
| Alabama Institute For Social Justice | Rest and respite grant | $204,000 |
| Family Forward Oregon | Rest and respite grant | $204,000 |
| 9 To 5 National Association of Working Women | Rest and respite grant | $204,000 |
| Community Partners | Rest and respite grant | $204,000 |
| Isaiah | Rest and respite grant | $204,000 |
| Greater Cincinnati Foundation | Community foundation infrastructure grant | $200,000 |
| Saint Paul & Minnesota Foundation | Community foundation infrastructure grant | $200,000 |
| San Joaquin Community Foundation Inc | Community foundation infrastructure grant | $200,000 |
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Frequently asked questions
- Is Third Sector New England Inc a legitimate nonprofit?
- Yes. Third Sector New England Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2261109, based in Boston, Massachusetts. Donations are tax-deductible.
- What is Third Sector New England Inc's EIN?
- Third Sector New England Inc's Employer Identification Number (EIN) is 04-2261109.
- How much revenue does Third Sector New England Inc report?
- Third Sector New England Inc reported $92,168,799 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Third Sector New England Inc's spending goes to programs?
- Third Sector New England Inc spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Third Sector New England Inc have?
- CharityIndex grades Third Sector New England Inc A, based on program efficiency and fundraising cost.
- How much does Third Sector New England Inc's highest-paid employee make?
- The highest reported compensation on Third Sector New England Inc's latest Form 990 is $374,351, paid to Elaine L Ng (Ceo).
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Data for Third Sector New England Inc (EIN 04-2261109) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.