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Filing year 2024

THIRD OPTION FOUNDATION

Reston, Virginia·EIN 46-4884866·NTEE P99 · Human Services·3
Total revenue
$12.8M
Total assets
$41.5M
Total expenses
$6.6M
Reported officers
15
Mission

THE 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.

Executive compensation, broken down

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Base
$255k
Bonus
Other
Benefits
President and COO
$255k
$271k
Base
$255k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Human Services

Down 7%
from 2023

From $275k in 2023 to $255k in 2024.

$275k
2023
$255k
2024
In today's dollarsEst.
Down 10% in real terms$301k to $271k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THIRD OPTION FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$9.1M
$6.4M
2023
$12.8M
$6.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Human Services executives earn in Virginia

Comparable human services organizations in Virginia pay their highest-earning executive a median of $76,892.

25th percentile
$35k
Median
$76,892
75th percentile
$119k
90th percentile
$179k

These are human services sector-wide figures, not this organization's reported pay. Based on 186 organizations across 186 filings (2021 – 2023).

See full Human Services pay data for Virginia
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