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Passes our checks

Economic Club of New York

EIN 13-1655225 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE ECONOMIC CLUB OF NEW YORK IS A NONPROFIT, NONPARTISAN, NONPOLITICAL ORGANIZATION DEDICATED TO THE PROMOTION OF THE STUDY AND DISCUSSION OF SOCIAL, ECONOMIC AND POLITICAL QUESTIONS. FOR MORE THAN A CENTURY, THE CLUB HAS SERVED AS THE PREMIER PUBLIC FORUM FOR THOUGHT LEADERS OF THE UNITED STATES AND THE WORLD, TO EXPRESS A DIVERSE SET OF VIEWS AND OPINIONS IN A FREE AND OPEN ENVIRONMENT EFFECTIVELY ACTING AS A CATALYST FOR INNOVATION IN THOUGHT AND IDEAS IMPACTING SOCIAL, ECONOMIC AND POLITICAL ISSUES FACING SOCIETY.

Income
$5.8 million
Spending
$4.3 million
Spent on programs
81%
Reserves
42.5 months of spending
Largest source of income
donations and private grants, 51%
Employees
9
Volunteers
21
Highest pay
$906,992, president / ceo

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100. Higher than 82% of charities in its peer group (social science, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 42.5 months of spending.

  • Debt

    20 of 20

    It owes 6% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 26% of income.

  • Income trend

    15 of 15

    Income rose 21% on the year before.

  • Spending floor

    15 of 15

    81% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 60% of charities in its peer group (social science, $1m to $10m).

  • Independent board

    25 of 25

    21 of 21 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $2.5 million spent. SIGNATURE LUNCHEONS AND OTHER EVENT TYPES: IN 2025, MORE THAN 6,000 MEMBERS AND GUESTS ATTENDED OUR 46 SIGNATURE EVENTS WHICH, AMONG MANY OTHERS, INCLUDED CONVERSATIONS WITH SCOTT BESSENT THE UNITED STATES SECRETARY OF TREASURY, REED HASTING THE COFOUNDER AND CHAIRMAN OF NETFLIX AND THE CHAIRMAN AND CEO OF QXO BRAD JACOBS. IN ADDITION, THE CLUB RECOGNIZED MICHAEL BLOOMBERG, THE FOUNDER OF BLOOMBERG AND THE THREE-TERM MAYOR OF NEW YORK CITY WITH THE PETERSON LEADERSHIP EXCELLENCE AWARD.
  2. $779,193 spent. MEMBERSHIP, CENTENNIAL & SALON: FOR OVER 119 YEARS, THE CLUB'S MEMBERS, DRAWN FROM SENIOR PUBLIC AND PRIVATE LEADERS, HAVE HAD THE OPPORTUNITY TO ENGAGE WITH EXPERT GUEST SPEAKERS INCLUDING ECONOMIC POLICYMAKERS, BUSINESS LEADERS AND GOVERNMENT OFFICIALS. THE CENTENNIAL SOCIETY IS CONSIDERED THE FINANCIAL BACKBONE OF THE CLUB AND PROVIDES A FORUM FOR OUR MOST ACTIVE MEMBERS TO CONNECT WITH EACH OTHER AND TO PROMOTE THE CLUB AS THE PREMIER NONPOLITICAL PUBLIC FORUM FOR THOUGHT LEADERS TO EXPRESS DIVERSE VIEWS AND OPINIONS IN A FREE AND OPEN ENVIRONMENT. CENTENNIAL SOCIETY MEMBERS ALSO HAVE THE OPPORTUNITY TO PARTICIPATE IN A SPECIAL OFF-THE-RECORD SALON SERIES. SALON SERIES SPEAKERS IN 2025 INCLUDED ALBERT BOURLA, PETER MENDELSON, BOB RUBIN, AND DAVID COTE.
  3. $196,293 spent. NEXT GENERATION: THE CLUB IS COMMITTED TO DEVELOPING TALENTED BUSINESS AND ECONOMIC LEADERS THROUGHOUT THE VARIOUS STAGES OF THEIR CAREERS. THIS PIPELINE INCLUDES COMPLIMENTARY EVENT TICKETS FOR STUDENTS, SPECIALIZED PROGRAMMING FOR RISING EXECUTIVES WITH 7 TO 15 YEARS OF EXPERIENCE (ECNY FELLOWS), AND A TERMED MEMBERSHIP FOR MIDLEVEL EXECUTIVES UNDER THE AGE OF 45 (ASSOCIATE MEMBERS). IN 2025, NEARLY 2,000 STUDENTS FROM MORE THAN 15 COLLEGES AND UNIVERSITIES WERE INVITED TO ATTENDED ECNY EVENTS. THERE WERE 98 FELLOWS IN THE NYC CLASS OF 2025 AND 11 ADDITIONAL FELLOWS IN THE NATIONAL FELLOWS PROGRAM. ASSOCIATE MEMBERS ARE MID-LEVEL EXECUTIVES UNDER THE AGE OF 45 WHO GAIN ACCESS TO THE CLUB'S NETWORKING RESOURCES AND UNPARALLELED EVENTS FOR A 5-YEAR TERM. IN 2025, THE CLUB HAD 164 ASSOCIATE MEMBERS.
  4. FELLOWS PROGRAM

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1938.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.