Public Charity

CENTER FOR A NEW ECONOMY INC

CENTER FOR A NEW ECONOMY INC is a nonprofit organization categorized as Public Charity based in SAN JUAN, PR. Its most recent IRS filing (2024) reports revenue of $2.0M, expenses of $2.0M, total assets of $3.8M. Imperigo tracks 43 reported grant relationships connected to this organization totaling approximately $1.9M.

EIN: 660566096 SAN JUAN, PR Educational Services NTEE: B90 Latest filing: 2024
Total Revenue$2.0M
Total Expenses$2.0M
Total Assets$3.8M
Grant Records43
Funding Total$1.9M
Filing Years2018–2024

Mission

SEE PART I, LINE 1 SCHEDULE O DISCLOSURE

Where $100 goes at Center for a New Economy Inc

How Center for a New Economy Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$82 Programs the work itself
$12 Management running the organization
$6 Fundraising raising the next dollar

Inside the $82 for programs

$82
In 2024, cne continued to lead efforts to improve the socioeconomic well-being of puerto rico through independent, evidence-based research and forward-looking policy analysis
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Antonio L Ferre Rangel
FINANCE & ADMIN DIRECTOR, TREASURER Carmen Vargas Nin
DIRECTOR Caroline Mcconnie
DIRECTOR Edwin J Perez
DIRECTOR Elizabeth Carey Burwell
RESEARCH ASSOCIATE Enrique Figueroa Grillasca

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,574,806 30 grants
Food Assistance & Nutrition
$300,000 3 grants
Research & Policy
$29,134 2 grants
Human & Social Services
$12,500 1 grant
Education
$8,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.0M $2.0M $3.8M
2023 $1.9M $1.9M $3.0M
2022 $1.9M $2.3M $2.5M
2020 $2.0M $2.2M $2.8M
2018 $5.3M $4.4M $3.5M

Between 2018 and 2024, reported annual revenue declined from $5.3M to $2.0M (-62%), with total assets most recently reported at $3.8M.

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

See the full picture for CENTER FOR A NEW ECONOMY INC

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