NEW HAVEN PROMISE INC

NEW HAVEN, CT, 06510-1215 (203) 776-6473 Est. 2015 EIN 81-1267064
P20 - Human Service Organizations 990 - Public charity return 501(c)(3)
www.newhavenpromise.org

Mission

New Haven Promise works to build a culture in the public schools in which students aspire to attend and graduate from college; to provide financial incentives and support for those students; and to facilitate their return to live, work and serve in the greater New Haven community.

Giving Portfolio

Total Grants
88
Total Giving
$21.5M
Recipients
70
Years Active
2020 - 2024
Avg grant: $251,123 Median: $54,090

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202421$4.8M $228K120
202336$8.2M $229K612
202215$4.1M $275K015
202016$4.4M $272K160

Sectors Funded

Education
63

Top States

Connecticut
72
Georgia
4
North Carolina
3
Maryland
3
Virginia
3
District of Columbia
3

Grantee Size Profile

Over $50M
50
Under $100K
5
$5M - $10M
5
$10M - $50M
3
$500K - $1M
3

Top Grantees

Page 1 of 3
University of Connecticut
CT - 5 grants
$14.4M
Southern Connecticut State University
CT - 5 grants
$2.9M
$790K
Central Connecticut State University
CT - 5 grants
$469K
CT - 5 grants
$419K
Eastern Connecticut State University
CT - 5 grants
$396K
CT - 5 grants
$285K
$254K
Gateway Community College
CT - 2 grants
$201K

Grants Awarded · 66 grants

Looking for grants like these from other funders? Sign up free to search 16M+ grants.

Financials

Total Revenue
$6,221,208
Total Expenses
$5,837,918
Net Assets
$2,489,533
9 employees 50 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
5.1 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 17.8%
Expenses ↑ 12.1%
Revenue Sources
Contributions 97.5% Earned revenue 2.5%
Expense Breakdown
Program 94.4% Management 3.5% Fundraising 2.1%

Officers & Trustees (9)

Individual compensation is available on Grow plans.

Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$6,221,208 ↑$5,837,918$2,489,533
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$5,281,484 ↓$5,206,260$2,106,243
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$5,304,401 ↑$5,206,260$2,129,160
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$5,195,298 ↑$5,043,547$2,031,019
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$4,853,461 $5,063,690$1,738,005

Find more like this.

Sign up free to search 16M+ grants and see similar organizations on every nonprofit profile.

Sign Up Free

No credit card required.

EIN: 81-1267064 · Source: IRS Form 990 e-file data