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Passes our checks

Third Act Education Fund Inc

EIN 93-4139858 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong92 out of 100GovernanceFair63 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

EDUCATING AMERICANS OVER THE AGE OF SIXTY ABOUT THE IMPACTS OF THE CLIMATE CRISIS AND SOLUTIONS TO BUILD A FAIR AND STABLE PLANET.

Income
$2.4 million
Spending
$1.6 million
Spent on programs
85%
Reserves
6.1 months of spending
Largest source of income
donations and private grants, 100%
Employees
0
Volunteers
70,000
Highest pay
$162,500, ceo

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 92 out of 100. Higher than 74% of charities in its peer group (environment, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 6.1 months of spending.

  • Debt

    20 of 20

    It owes 4% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 34% of income.

  • Spending floor

    15 of 15

    85% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 63 out of 100. Higher than 10% of charities in its peer group (environment, $1m to $10m).

  • Independent board

    18 of 25

    3 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $1.3 million spent. THIRD ACT IS MOBILIZING OLDER AMERICANS TO CHAMPION A CLEAN ENERGY TRANSITION. IN 2024, THIRD ACT TRAINED OVER 500 PARTICIPANTS ACROSS ALL 50 STATES THROUGH A THREE-PART PUBLIC UTILITY COMMISSION LEADERSHIP SERIES, ENABLING MORE THAN TWO DOZEN VOLUNTEER-LED WORKING GROUPS TO INFLUENCE ENERGY REGULATORY DECISIONS BY PROVIDING TESTIMONY, SUBMITTING COMMENTS, AND HOLDING COMMISSIONERS ACCOUNTABLE. WE RALLIED 40,000 COSTCO CUSTOMERS TO PRESSURE THEM TO DROP FOSSIL FUEL-FUNDING CITI AS THEIR CREDIT CARD PROVIDER, DELIVERED 3,000+ HANDWRITTEN POSTCARDS, AND ARE NOW IN DIRECT ENGAGEMENT WITH COSTCO'S CEO AND VP OF ADMIN, WHO COMMITTED TO ENGAGING CITI ABOUT THE CAMPAIGN. CONCURRENTLY, WE MOBILIZED OVER 36,000 PEOPLE TO PLEDGE TO MOVE THEIR MONEY AWAY FROM MAJOR FOSSIL-FUEL- FINANCING BANKS, AND ASSEMBLED A FULL SUITE OF RESOURCES AND MEDIA TO ASSIST PEOPLE WANTING TO ALIGN THEIR MONEY WITH THEIR VALUES. AND WE BROUGHT OUR VOLUNTEER LEADERS TOGETHER REPRESENTING 39,000 VOLUNTEERS AT EAST AND WEST COAST CONVERGENCES TO LEARN AND COLLABORATE. WE HOSTED A RACIAL JUSTICE SERIES, HOPE AND JOY WEBINARS, AND TRAINED HUNDREDS OF WORKING GROUP LEADERS IN WEB EDITING AND COMMUNICATIONS. BY FOSTERING LEADERSHIP AT EVERY LEVEL, WE ENSURE THAT OUR MOVEMENT IS INCLUSIVE, EMPOWERED, AND PREPARED TO TACKLE CHALLENGES.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.