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Third Sector New England

Also known as Tsne

Boston, MA · EIN 04-2261109 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Third Sector New England reported $92.2 million in revenue and $82.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.07 went to program services, $13.70 to management and general costs and $2.23 to fundraising. Its largest source of revenue was contributions and grants: 71.2% of the total. The highest compensation it reported for one person was $442,692 (CEO). 121 people received more than $100,000 in reportable compensation. Revenue rose 31% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $82M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $92M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 479 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
84.1%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
13.7%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
2.2%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.03$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
71.2%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
2.2%14.9%
Program service revenue share
Part VIII 2g ÷ 12
24.2%11.9%
Highest reported compensation
Part VII-A, columns D–F
$442,692$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.54%1.49%
People paid over $100,000
Part VII, line 2
1215
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
14.29.2
Independent voting board members
Part VI 1a–1b
11 of 11100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$62M expenses · 90.4% of program spending · grants $13M · revenue $18M

Through an array of capacity building services and management support programs, Third Sector New England builds the leadership and effectiveness of individuals and groups to create a more just and democratic society.Third Sector New England's fiscal sponsorship program provides management support to mission-driven groups that focus their work on issues affecting the root causes of social problems. We support all projects with a broad array of administrative services. Tsne manages nonprofit projects' finances, governance, human resources, insurance needs, and other increasingly complex…

$3.1M expenses · 4.4% of program spending · revenue $562K

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

$3.6M expenses · 5.2% of program spending · grants $2,500 · revenue $3.6M

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…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 37.50 hrs/week
$374,351$0$68,341$442,692
PROJECT DIRECTOR
Highest compensated employee, 37.50 hrs/week
$269,426$0$63,334$332,760
CFO
Officer, 37.50 hrs/week
$252,143$0$50,537$302,680
PROJECT DIRECTOR
Highest compensated employee, 37.50 hrs/week
$233,592$0$51,242$284,834
CHIEF PEOPLE AND CULTURE OFFICER
Highest compensated employee, 37.50 hrs/week
$236,315$0$41,329$277,644
CHIEF PROGRAM AND IMPACT OFFICER
Highest compensated employee, 37.50 hrs/week
$230,268$0$36,463$266,731
PROJECT DIRECTOR (UNTIL 09/30/24)
Highest compensated employee, 37.50 hrs/week
$233,665$0$21,773$255,438

121 people received more than $100,000 in reportable compensation from Third Sector New England (Part VII, line 2). Compensation of current officers, directors and key employees totaled $655K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100MFY2020FY2021FY2022FY2023FY2024FY2025$92M$82M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$92M$82M84.1%$97M$442,692
FY2024 ⓘ$68M$81M85.8%$128M$351,547
FY2023 ⓘ$88M$75M86.4%$140M$343,491
FY2022 ⓘ$84M$63M84.1%$125M$291,942
FY2021 ⓘ$81M$64M86.2%$108M$321,219
FY2020 ⓘ$71M$63M85.6%$86M$270,371

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b11 · 11 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5545
  • Volunteers Part I, line 6258

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
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

Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.

Private foundation grants it received

92 private foundations reported grants to Third Sector New England totaling $27M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Third Sector New England's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Third Sector New England, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in Massachusetts

Questions people ask

How much of Third Sector New England's spending goes to programs?

In the fiscal year ending June 30, 2025, Third Sector New England reported that 84.1% of its $82.2 million in expenses went to program services, 13.7% to management and general and 2.2% to fundraising (Form 990, Part IX).

How much does Third Sector New England pay its top executive?

The largest total compensation Third Sector New England reported for one person in the fiscal year ending June 30, 2025 was $442,692, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Third Sector New England get its money?

Of $92.2 million in revenue in the fiscal year ending June 30, 2025, 71.2% came from contributions and grants (including 2.2% from government grants) and 24.2% from program service revenue (Form 990, Part VIII).

Is Third Sector New England a registered charity?

The IRS lists EIN 04-2261109 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202640769349301304 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202530799349300818 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410799349300036 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321329349302977 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349302090 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131239349301568 · read the filing

All filings for EIN 04-2261109: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.