Philanthropy & Grantmaking
(T50)
990 on File
NEW PARTNERS INC
Financial strength (30%)
72/100
Reliability (20%)
50/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$236.4M
Total Revenue
$240.6M
Total Expenses
$50.2M
Net Assets
7400
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
91.2%
Fundraising Efficiency
N/A
Operating Reserve
2.50x
Liability-to-Asset
55.3%
Revenue Diversification
92.3%
Executive Compensation
$443K
Compared with Peers
FY 2023
Compared with 207 similar organizations
(United States, Philanthropy & Grantmaking, $100M and over in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
91.2% | 94.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.8% | 3.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.5% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.5 mo | 67.5 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
55.3% | 3.7% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.3% | 91.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
5.9% | 3.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
11.4% | 11.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-1.8% | 0.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $236.4M | $240.6M | $50.2M | 91.2% | 7400 |
| 2022 | $223.2M | $215.9M | $54.3M | 90.9% | 7482 |
| 2021 | $235.5M | $236.6M | N/A | — | 7813 |
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