Third Option Foundation

Human services organization based in Reston, VA.0 Exempt under §501(c)(3).

MissionTHE PURPOSE OF THE FOUNDATION IS TO PROVIDE SUPPORT TO THE FAMILIES OF GOVERNMENT EMPLOYEES WHO HAVE DIED OR BEEN SERIOUSLY INJURED IN THE SERVICE OF THEIR COUNTRY BUT WHOSE EMPLOYMENT STATUS PROHIBITS THEM FROM SEEKING ASSISTANCE FROM NORMAL GOVERNMENTAL SOURCES.

Financial snapshot · TY 2024

$12.8M
Total revenue
$6.6M
Total expenses
$41.5M
Net assets

Financial health · TY 2024

71
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
61.9 months of expenses
Program efficiency
78
81.1% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

$255,000
72th percentile vs. peers

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Third Option Foundation Executive Compensation | 990 Data | DoubleNine