S — Community 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$74,873,760↑238%$40,589,935↑14%$130,066,105↑27%
2022$22,156,350↓71%$35,518,909↑29%$102,096,696↓10%
2021$77,118,974↑259%$27,480,677↓12%$113,525,114↑77%
2020$21,481,917↓54%$31,384,777↑39%$64,312,700↓13%
2019$46,877,712↑66%$22,628,482↓1%$74,161,462↑46%
2018$28,289,763↑69%$22,945,350↓11%$50,713,445↑12%
2017$16,776,304↓57%$25,800,571↓2%$45,473,808↓19%
2016$39,267,428↑5%$26,381,475↓13%$56,303,188↑25%
2015$37,297,489↑53%$30,478,644↑3%$45,206,507↑15%
2014$24,413,299↓42%$29,544,520↑9%$39,166,571↓12%
2013$42,117,605↑150%$27,116,076↑12%$44,724,628↑53%
2012$16,822,306↑93%$24,184,934↑17%$29,148,304↓18%
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 $32.9M in annual revenue and holds $98.8M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in Massachusetts.

New Profit Inc — Boston, MA | GiveScope