Neo Philanthropy Inc
1001 Avenue of the Americas 12th Fl, New York, NY · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $168,890,598 | $184,937,212 | $164,920,430 |
| FY2023 | $167,648,220 | $128,270,774 | $180,341,005 |
| FY2022 | $132,029,874 | $114,068,624 | $141,235,940 |
| FY2021 | $144,358,199 | $105,641,701 | $127,047,807 |
| FY2020 | $133,422,585 | $127,961,206 | $89,046,877 |
| FY2019 | $106,981,767 | $73,819,124 | $80,859,053 |
| FY2018 | $83,350,838 | $68,749,210 | $48,230,287 |
| FY2017 | $58,068,414 | $45,086,138 | $33,622,033 |
| FY2016 | $38,374,187 | $38,557,461 | $20,639,757 |
| FY2015 | $39,361,192 | $39,701,506 | $20,771,527 |
| FY2014 | $51,747,439 | $46,872,485 | $24,557,296 |
| FY2013 | $41,666,258 | $38,578,027 | $19,628,456 |
| FY2012 | $43,722,631 | $42,281,349 | $16,638,907 |
| FY2011 | $34,557,948 | $32,847,684 | $15,145,043 |
Form 990 filings
The returns filed by Neo Philanthropy Inc (EIN 13-3191113), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $163,804,531 | 97% |
| Program service revenue | $1,297,041 | 1% |
| Other revenue | $3,789,026 | 2% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $173,738,527 | 94% |
| Management & general | $10,273,763 | 6% |
| Fundraising | $924,922 | 1% |
What the numbers show
- Contributions & grants made up 97% of total revenue in FY2024.
- Program services accounted for 94% of functional expenses, management & general 6%, and fundraising 1%.
- 94% of functional expenses went to program services in FY2024. That is higher than 74.1% of 185 Public & Societal Benefit organizations nationwide (too few in NY for a state comparison).
- Net assets covered about 10.7 months of expenses at the end of the reporting year. That puts it in the 40th percentile among 418 Public & Societal Benefit organizations in NY.
- Total revenue was higher than 99.3% of 431 Public & Societal Benefit organizations in NY.
- Total revenue rose from $34,557,948 in FY2011 to $168,890,598 in FY2024. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2015, FY2016, FY2024).
- Net assets grew from $15,145,043 to $164,920,430 between FY2011 and FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
IRS status
| Ruling year | 1984 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | W99Z — Public & Societal Benefit (in NY) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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