Charity Search / CENTER FOR A NEW ECONOMY INC
Education (B90) 990 on File

CENTER FOR A NEW ECONOMY INC

EIN: 66-0566096 · SAN JUAN, PR 00902-4240 · United States · FY 2023 Data
3 out of 5 56 / 100 Based on 2+ years of filings
Financial strength (30%) 91/100
Reliability (20%) 55/100
Effectiveness (25%) 71/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$1.9M
Total Revenue
$1.9M
Total Expenses
$2.0M
Net Assets
11
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 74.4%
Fundraising Efficiency N/A
Operating Reserve 12.70x
Liability-to-Asset 31.8%
Revenue Diversification 96.2%
Executive Compensation $549K
Compared with Peers
FY 2023
Compared with 11,226 similar organizations (United States, Education, $1M–$10M 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
74.4% 84.5%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
18.5% 13.0%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
7.0% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
12.7 mo 8.6 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
31.8% 23.0%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
96.2% 90.7%
P10P90
Below median
Revenue growth
Year over year revenue growth
1.7% 7.5%
P10P90
Expense growth
Year over year expense growth
-15.6% 11.6%
P10P90
Surplus margin
Surplus as a share of revenue
-0.4% 3.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $1.9M $1.9M $2.0M 74.4% 11
2022 $1.9M $2.3M $1.7M 77.8% 12
2021 $2.5M $2.7M N/A — 14
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Organization Details
EIN
66-0566096
State
PR
City
SAN JUAN
ZIP
00902-4240
Classification
B90
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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