New Economy Project Inc
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.
New Economy Project Inc at a glance
- Total assets
- $12,050,348
- +35.5% vs 2024
- Revenue (2025)
- $5,481,399
- +41.0% vs 2024
- Net investment income (2025)
- $246,242
- +29.5% vs 2024
- Expenses (2025)
- $2,504,775
- +7.3% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to New Economy Project Inc
Open Grants
1 open opportunity from New Economy Project Inc
Who New Economy Project Inc funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How New Economy Project Inc gives
- Giving held roughly steady from 2019 to 2022 (+12%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2022, annual grant giving ranged from $13K (2019) to $45K (2020). In 2022 it made 2 grants totaling $14K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| East NY Community Land Trust Brooklyn, NY | See Part IV | $7,000 |
| NY Public Int Research Group New York, NY | See Part IV | $7,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $12,050,348 | $5,481,399 | $2,504,775 | — | — | $246,242 |
| 2024 | $8,893,886 | $3,886,355 | $2,334,572 | — | — | $190,138 |
| 2023 | $7,327,942 | $2,004,097 | $2,156,817 | — | — | $91,375 |
| 2022 | $7,483,588 | $2,539,843 | $1,791,931 | $14,000 | 2 | $24,015 |
| 2021 | $6,956,184 | $1,767,258 | $1,514,338 | $20,000 | 1 | $53,318 |
| 2020 | $6,674,948 | $1,571,422 | $1,849,941 | $44,500 | 5 | $68,307 |
| 2019 | $6,756,063 | $1,651,736 | $1,825,627 | $12,500 | 1 | $97,523 |
About New Economy Project Inc
Based on IRS filings
New Economy Project Inc is a public charity focused on Community Improvement & Capacity Building, based in New York, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $12.1M in total assets. Net investment income was $246K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
New Economy Project Inc is led by Deyanira Del Rio, Executive Director since 2023 (on filings since 2019); 5 of 15 officers listed in 2025 are compensated.
Officers on the 2025 filing
Deyanira Del Rio
Executive Director
Co-Director → Executive Director, 2023
On filings since 2019
40 hrs/week
$121K (2019) → $185K (2025)
Azadeh Khalili
President
Board Member → Secretary, 2022
Secretary → President, 2023
On filings since 2019
1 hr/week
No compensation reported
Grace Chung
Development Director
On filings since 2023
40 hrs/week
$126K (2023) → $129K (2025)
Susan Shin
Legal Director
On filings since 2023
40 hrs/week
$127K (2023) → $148K (2025)
Andy Morrison
Associate Director
On filings since 2023
40 hrs/week
$117K (2023) → $138K (2025)
Matt Wildey
Operation Manager
New on the 2025 filing
40 hrs/week
$103K (2025)
Brendan Martin
Board-Dec
Secretary → Board Member, 2024
Board Member → Board-Dec, 2025
On filings since 2019
0.5 hrs/week
No compensation reported
Jennifer Ching
Vice President
Board Member → Vice President, 2022
On filings since 2019
1 hr/week
No compensation reported
Akilah Browne
Treasurer
Board Member → Treasurer, 2023
On filings since 2022
1 hr/week
No compensation reported
Linda Levy
Board Member
On filings since 2022
0.5 hrs/week
No compensation reported
Michael Partis
Board Member
On filings since 2022
0.5 hrs/week
No compensation reported
Shabnam Faruki
Secretary
Board Member → Secretary, 2024
On filings since 2022
1 hr/week
No compensation reported
Erica Gonzalez
Board Member
New on the 2025 filing
0.5 hrs/week
No compensation reported
Gowri Krishna
Board Member
New on the 2025 filing
0.5 hrs/week
No compensation reported
Krishna Omolade
Board Member
New on the 2025 filing
0.5 hrs/week
No compensation reported
Former officers (6)
- Former: Sarah I. Ludwig (2019–2024) — Co-Dir.-
- Former: Catherine Barnett (2019–2023) — Board Mem-
- Former: Jonathan Springer (2019–2023) — Board Mem-
- Former: Michelle Aronowitz (2019–2023) — Board Mem-
- Former: Raun J. Rasmussen (2019–2022) — Board Member
- Former: Gregory Jost (2019–2021) — President
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $185K, to Deyanira Del Rio (Executive Dir.). 5 officers or directors reported compensation on that filing.
Frequently asked questions about New Economy Project Inc
How large is New Economy Project Inc?
New Economy Project Inc reported $12.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $5.5M.
What is New Economy Project Inc?
New Economy Project Inc is a public charity focused on Community Improvement & Capacity Building, based in New York, NY. It holds $12.1M in total assets as of 2025.
Where does New Economy Project Inc operate?
New Economy Project Inc has awarded grants in New York.
What is New Economy Project Inc's EIN?
New Economy Project Inc's EIN (Employer Identification Number) is 13-3842270. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS April 30, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS March 21, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS February 20, 2023)
Explore Open Grants
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