Observed arrival · 2026-11-07
Third Sector Recon’s “The Thin Balance Sheet”
Third Sector Recon publishes document-based financial and governance analysis of nonprofit organizations, starting with a study of five New York City homeless-services providers.
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- The site says each figure is cited to the filed return, and that responses are published in full while corrections remain attached to the document.
Field notes
The homepage reports $634.3 million in combined revenue across the five providers and says four ran deficits in the year examined. Its stated method relies chiefly on filed Forms 990, with figures cited to their source returns and judgment separated from factual statements. Third Sector Recon also says it publishes covered organizations’ responses in full and keeps corrections attached to the document.
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