Public Charity

NEW ECONOMY PROJECT INC

NEW ECONOMY PROJECT INC is a nonprofit organization categorized as Public Charity based in NEW YORK, NY. Its most recent IRS filing (2025) reports revenue of $5.5M, expenses of $2.5M, total assets of $12.1M. Imperigo tracks 28 reported grant relationships connected to this organization totaling approximately $5.2M.

EIN: 133842270 NEW YORK, NY Urban & Community Economic Development NTEE: S31 Latest filing: 2025
Total Revenue$5.5M
Total Expenses$2.5M
Total Assets$12.1M
Grant Records28
Funding Total$5.2M
Filing Years2021–2025

Mission

NEW ECONOMY PROJECT'S MISSION IS TO WORK WITH COMMUNITY GROUPS TO BUILD A JUST ECONOMY THAT WORKS FOR ALL, BY FOSTERING COOPERATIVE AND COMMUNITY-LED DEVELOPMENT AND CHALLENGING SYSTEMS THAT FUEL INEQUALITY AND POVERTY.

Where $100 goes at New Economy Project Inc

How New Economy Project Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$82 Programs the work itself
$11 Management running the organization
$7 Fundraising raising the next dollar

Inside the $82 for programs

$82
To provide organizing, strategic and legal support on a broad range of economic justice and community-based economic development matters
All program spending
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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

2024
POVERTY RELIEF
$475,000
2024
PUBLIC, SOCIETAL BENEFIT
$30,750
2024
CHANGE CAPITAL FUND - CHANGE CAPITAL FUND THE CHANGE CAPITAL FUND (CCF) IS A COLLABORATION OF PHILANTHROPIC FOUNDATIONS AND FINANCIAL INSTITUTIONS THAT POOL FUNDS TO INVEST IN COMMUNITY DEVELOPMENT EFFORTS ACROSS NEW YORK CITY. CCF BEGAN FUNDING COMMUNITY DEVELOPMENT CORPORATIONS TOWARDS THE GOAL OF MORE EFFECTIVELY REDUCING PERSISTENT AND CHRONIC POVERTY. EACH PARTICIPATING NONPROFIT ORGANIZATION WILL BE FUNDED OVER FOUR YEARS AND RECEIVE TECHNICAL ASSISTANCE SUPPORT TOWARDS THE GOAL OF BUILDING INTERNAL CAPACITY FOR MULTI-DISCIPLINARY PRACTICES AND IMPROVED OUTCOMES TRACKING SYSTEMS, AND DEVELOPING MORE EFFECTIVE BUSINESS MODELS.
$26,000
2024
SUPPORTING GRANT
$25,000

Showing up to 5 of 28 total records — full history available with membership.

Officers & Directors

Treasurer Akilah Browne
ASSOCIATE DIR. Andy Morrison
President Azadeh Khalili
BOARD-DEC 2024 Brendan Martin
Executive Dir. Deyanira Del Rio
BOARD MEMBER Erica Gonzalez

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,972,000 11 grants
Human & Social Services
$1,150,000 3 grants
Training & Professional Development
$310,000 3 grants
Arts & Culture
$93,050 1 grant
Education
$75,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $5.5M $2.5M $12.1M
2024 $3.9M $2.3M $8.9M
2023 $2.0M $2.2M $7.3M
2022 $2.5M $1.8M $7.5M
2021 $1.8M $1.5M $7.0M

Between 2021 and 2025, reported annual revenue grew from $1.8M to $5.5M (+210%), with total assets most recently reported at $12.1M.

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

See the full picture for NEW ECONOMY PROJECT INC

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