Logo for "THIRD SECTOR NEW ENGLAND, INC."

THIRD SECTOR NEW ENGLAND, INC.

THIRD SECTOR NEW ENGLAND, INC.

BOSTON, MA, US
a.k.a TSNE / Third Sector New England
501(c)(3)
EIN
04-2261109
Women Led
BIPOC Led
Logo for "THIRD SECTOR NEW ENGLAND, INC."

THIRD SECTOR NEW ENGLAND, INC.

BOSTON, MA, US
a.k.a TSNE / Third Sector New England
501(c)(3)
EIN
04-2261109
Women Led
BIPOC Led

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$68,007,933

Contributions
53%
Program Services
34%
Other
6%
Investments
5%
Government Grants
2%
Membership Dues
<1%
Fundraising Events
<1%
Expenses in 2024

$81,186,450

Salaries & Benefits
54%
Fees to Service Providers
18%
Grants
15%
Other
8%
Offices, Occupancy & IT
4%
Depreciation
2%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$62,994,018
$35,712,099
-43%
Government Grants
$1,288,995
$1,658,904
+29%
Fundraising Events
$57,043
$20,135
-65%
Program Services
$19,242,790
$23,165,219
+20%
Membership Dues
$138,457
$269,537
+95%
Investments
$2,207,094
$3,280,274
+49%
Other
$2,450,599
$3,901,765
+59%
Total Revenues
$88,378,996
$68,007,933
-23%
Expenses
2023
2024
Change
Grants
$11,286,549
$11,958,993
+6%
Benefits to Members
$0
$0
-
Salaries & Benefits
$39,250,999
$43,668,293
+11%
Fees to Service Providers
$14,624,619
$14,223,226
-3%
Advertising & Promotion
$85,147
$132,548
+56%
Offices, Occupancy & IT
$3,032,710
$3,395,855
+12%
Interest
$324,569
$309,625
-5%
Depreciation
$1,446,897
$1,367,520
-5%
Other
$5,425,633
$6,130,390
+13%
Total Expenses
$75,477,123
$81,186,450
+8%
Net income
2023
2024
Change
Net income
+$12,901,873
-$13,178,517
-202%
Functional Expenses
Summary
2023
2024
Change
Program
$65,190,074
$69,644,203
+7%
Admin
$8,789,473
$9,803,343
+12%
Fundraising
$1,497,576
$1,738,904
+16%
Total Expenses
$75,477,123
$81,186,450
+8%
Income Statement
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