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 (2024) reports revenue of $33.6M, expenses of $43.7M, total assets of $120.3M. Imperigo tracks 96 reported grant relationships connected to this organization totaling approximately $124.8M.

EIN: 043396766 BOSTON, MA Latest filing: 2024
Total Revenue$33.6M
Total Expenses$43.7M
Total Assets$120.3M
Grant Records96
Funding Total$124.8M
Filing Years2019–2024

Mission

SEE SCHEDULE O.

Sample Grants Received

$10,000,000
2024
For grant recipient's exempt purposes
$3,145,450
2024
PUBLIC, SOCIETAL BENEFIT
$1,001,000
2024
FOR PROJECT SUPPORT
$1,000,000
2024
COMMUNITY DEVEL
$175,000

Showing up to 5 of 96 total records — full history available with membership.

Officers & Directors

DIRECTOR Alisa Doctoroff
DIRECTOR Brian Spector
DIRECTOR David Gergen
SENIOR ADVISOR David Levy
DIRECTOR Deborah Quazzo
MANAGING PARTNER,ED OF AMERICA FORWARD Deborah Smolover

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$32,181,585 9 grants
COMMUNITY & HUMAN SERVICES
$20,000,000 2 grants
GENERAL OPERATING SUPPORT
$16,000,000 3 grants
ADVISED - TO INVEST DOLLARS AND TECHNICAL ASSISTANCE (TA) IN DIVERSE-LED NONPROFITS WORKING TO CREATE ECONOMIC OPPORTUNITIES IN COMMUNITIES OF COLOR IN PRIORITY CITIES.
$10,000,000 1 grant
Operating Support/Annual Fund
$9,230,000 6 grants

Financial Trends

Year Revenue Expenses Assets
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
2019 $46.9M $22.6M $74.2M

Between 2019 and 2024, reported annual revenue declined from $46.9M to $33.6M (-28%), with total assets most recently reported at $120.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for NEW PROFIT INC

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