Mission
SEE SCHEDULE O.
Public Charity
NEW PROFIT INC
NEW PROFIT INC is a nonprofit organization categorized as Public Charity based in BOSTON, MA. Its most recent IRS filing (2025) reports revenue of $32.9M, expenses of $54.0M, total assets of $98.8M. Imperigo tracks 100 reported grant relationships connected to this organization totaling approximately $127.8M.
EIN: 043396766
BOSTON, MA
Nonprofit Management
NTEE: S50
Latest filing: 2025
Total Revenue$32.9M
Total Expenses$54.0M
Total Assets$98.8M
Grant Records100
Funding Total$127.8M
Filing Years2020–2025
Where $100 goes at New Profit Inc
How New Profit Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$80
Programs
the work itself
$12
Management
running the organization
$8
Fundraising
raising the next dollar
Inside the $80 for programs
$44
Portfolio
$17
Ecosystem building and policy our ecosystem building efforts engage social entrepreneurs, philanthropists, and other national and local stakeholders to transform how philanthropy thinks about how to collectively pursue…
$11
Portfolio
Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
COMMUNITY & HUMAN SERVICES
$10,000,000
For grant recipient's exempt purposes
$3,145,450
Operating Support/Annual Fund
$2,601,500
PUBLIC, SOCIETAL BENEFIT
$1,001,000
FOR PROJECT SUPPORT
$1,000,000
Showing up to 5 of 100 total records — full history available with membership.
Officers & Directors
DIRECTOR
Alisa Doctoroff
DIRECTOR
Brian Spector
DIRECTOR (UNTIL 6/2025)
David Gergen
SENIOR ADVISOR
David Levy
DIRECTOR (UNTIL 6/2025)
Deborah Quazzo
MANAGING PARTNER,ED AMERICAN FORWARD
Deborah Smolover
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $32.9M | $54.0M | $98.8M |
| 2024 | $33.6M | $43.7M | $120.3M |
| 2023 | $74.9M | $40.6M | $130.1M |
| 2022 | $22.2M | $35.5M | $102.1M |
| 2020 | $21.5M | $31.4M | $64.3M |
Between 2020 and 2025, reported annual revenue grew from $21.5M to $32.9M (+53%), with total assets most recently reported at $98.8M.
Interactive year-over-year charts and full filing details available with membership.