NEW PROFIT INC

BOSTON, MA, 02109 (617) 912-8800 Est. 1997 EIN 04-3396766
S50 - Nonprofit Management 990 - Public charity return 501(c)(3)
www.newprofit.org

Mission

SEE SCHEDULE O.

Giving Portfolio

Total Grants
520
Total Giving
$113.4M
Recipients
483
Years Active
2018 - 2025
Avg grant: $230,621 Median: $100,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202559$31.2M $528K2435
202483$16.8M $202K2657
2023102$17.1M $168K5646
202285$12.6M $148K6518
202082$13.5M $164K5923
201968$14.6M $214K1915
201841$7.8M $190K400

Sectors Funded

Education
159
Human Services
76
Community Improvement
44
Youth Development
39
Employment
35
Crime & Legal-Related
22
Arts, Culture & Humanities
20
Philanthropy & Grantmaking
16
and 13 more sectors

Top States

California
103
New York
72
Illinois
51
District of Columbia
44
Massachusetts
43
Tennessee
29
Colorado
21
Louisiana
16
and 28 more states

Grantee Size Profile

$1M - $5M
159
$10M - $50M
128
$5M - $10M
80
$500K - $1M
54
Over $50M
32
$100K - $500K
29
Under $100K
12

Top Grantees

Page 1 of 3
IL - 3 grants
$5.0M
IL - 4 grants
$2.4M
NY - 3 grants
$2.3M
WA - 3 grants
$2.3M
$2.0M
DC - 2 grants
$2.0M
NY - 5 grants
$1.5M
IL - 3 grants
$1.4M
NY - 3 grants
$1.4M

Grants Awarded · 498 grants

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Financials

Total Revenue
$32,899,701
Total Expenses
$54,031,580
Net Assets
$97,847,171
98 employees 17 volunteers
From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve
21.7 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 2.2%
Expenses ↑ 23.5%
Revenue Sources
Contributions 89.8% Earned revenue 0.1% Investment 10.2%
Expense Breakdown
Program 80.9% Management 12.3% Fundraising 6.8%

Officers & Trustees (27)

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Filing History (8 filings)

YearRevenueExpensesNet Assets
2025 990 - Public charity return
Jan 1, 2025 to Dec 31, 2025
$32,899,701 ↓$54,031,580$97,847,171
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$33,625,326 ↓$43,748,913$118,219,733
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$74,873,760 ↑$40,589,935$128,345,223
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$22,156,350 ↑$35,518,909$98,934,460
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$21,481,917 ↓$31,384,777$63,461,108
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$46,877,712 $22,628,482$73,227,682
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$46,877,712 ↑$22,628,482$73,227,682
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$28,289,763 $22,945,350$49,914,025

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EIN: 04-3396766 · Source: IRS Form 990 e-file data