SCommunity Improvement & Capacity BuildingEIN: 043396766· Ruling Year: 1998

New Profit Inc

Boston, Massachusetts

B+Health Score
68B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.16×
Peer Median2.76×
💰
$74.9M
Total Revenue
📊
$40.6M
Total Expenses
🏦
$128.3M
Net Assets
📋
$1.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+237.9%
Year-over-year change (2022 → 2023)
Net Margin
+45.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.16
Net assets divided by total expenses
Liabilities-to-Assets
1.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$74,873,760238%$40,589,93514%$130,066,10527%
2022$22,156,35071%$35,518,90929%$102,096,69610%
2021$77,118,974259%$27,480,67712%$113,525,11477%
2020$21,481,91754%$31,384,77739%$64,312,70013%
2019$46,877,71266%$22,628,4821%$74,161,46246%
2018$28,289,76369%$22,945,35011%$50,713,44512%
2017$16,776,30457%$25,800,5712%$45,473,80819%
2016$39,267,4285%$26,381,47513%$56,303,18825%
2015$37,297,48953%$30,478,6443%$45,206,50715%
2014$24,413,29942%$29,544,5209%$39,166,57112%
2013$42,117,605150%$27,116,07612%$44,724,62853%
2012$16,822,30693%$24,184,93417%$29,148,30418%
2011$8,735,412$20,605,064$35,554,703

Frequently Asked Questions

What does New Profit Inc do?

New Profit Inc is a community improvement & capacity building nonprofit organization based in Massachusetts. It is classified under NTEE code S50 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Profit Inc financially healthy?

Based on our 9-metric Financial Health Score model, New Profit Inc has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does New Profit Inc generate?

New Profit Inc reports $33.6M in annual revenue and holds $120.3M in total assets, based on IRS filings.

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New Profit Inc — Boston, MA | GiveScope