New Economics for Women
Public records show a registered, tax-exempt organization in good standing.
What it says it does
NEW ECONOMICS FOR WOMEN HELPS WOMEN FROM UNDERSERVED COMMUNITIES IN SOUTHERN CALIFORNIA PAVE THE WAY TO PEACE OF MIND, PROSPERITY ANDPROMISE BY PROVIDING AN UNRIVALED LEVEL OF COMPREHENSIVE, PERSONALIZED SUPPORT, ACCESS TO A CONTINUUM OF RESOURCES AND BY BUILDING INTENTIONAL COMMUNITIES WHERE FAMILIES RECEIVE EVERYTHING THEY NEED SO THAT THEY CAN THRIVE.
- Income
- $12.1 million
- Spending
- $11.0 million
- Spent on programs
- 81%
- Reserves
- 1.3 months of spending
- Largest source of income
- government grants, 75%
- Employees
- 112
- Volunteers
- 95
- Highest pay
- $167,500, chief executive officer
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 60 out of 100. Higher than 56% of charities in its peer group (housing, $10m to $100m).
Reserves
10 of 35Spendable reserves would cover 1.3 months of spending.
Debt
5 of 20It owes 75% of what it owns.
Living within its means
15 of 15Income exceeded spending by 10% of income.
Income trend
15 of 15Income rose 32% on the year before.
Spending floor
15 of 1581% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 44% of charities in its peer group (housing, $10m to $100m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 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 (1)
- $8.8 million spent. NEW ECONOMICS FOR WOMEN (NEW) EMPOWERS UNDER-RESOURCED WOMEN AND THEIR FAMILIES TO ACHIEVE ECONOMIC MOBILITY THROUGH INTEGRATED HOUSING, EDUCATION, ENTREPRENEURSHIP, AND WEALTH-BUILDING PROGRAMS. NEW DEVELOPS AND OPERATES AFFORDABLE HOUSING FOR BOTH MULTIFAMILY RENTALS AND SINGLE-FAMILY HOMES AND COMMUNITY CENTERED SERVICES THAT HELPED MORE THAN 2,300 INDIVIDUALS REMAIN STABLY HOUSED AND ADVANCED NEW WORKFORCE AND PERMANENT AFFORDABLE HOUSING UNITS IN SPECIFICALLY RESEDA AND EL SERENO. THROUGH ITS HOMEOWNERSHIP DEPARTMENT, A HUD-APPROVED COUNSELING AGENCY, NEW DELIVERS FREE HUD-CERTIFIED HOMEBUYER EDUCATION, ONE-ON-ONE COUNSELING, AND CREDIT COACHING, EDUCATING AT LEAST 400 INDIVIDUALS ANNUALLY AND ASSISTING DOZENS OF FAMILIES IN PURCHASING HOMES. NEW'S FAMILYSOURCE CENTER AND ECONOMIC MOBILITY CENTERS PROVIDE ONE-STOP SERVICES FOR LOW-INCOME RESIDENTS, INCLUDING FINANCIAL EDUCATION AND COACHING, VITA TAX PREPARATION, PUBLIC BENEFITS SCREENING, CASE MANAGEMENT, EMPLOYMENT COACHING, EMERGENCY FINANCIAL ASSISTANCE, AND HOMELESS PREVENTION THAT HELPED INCREASE HOUSEHOLD INCOME, AND KEEP FAMILIES HOUSED. THE LEARNING CENTER OPERATES AFTER-SCHOOL AND SEASONAL PROGRAMS FOR TK5 STUDENTS, PROVIDING HOMEWORK HELP, ENRICHMENT IN ARTS AND STEM, MEALS, AND FAMILY WORKSHOPS TO SUPPORT ACADEMIC ACHIEVEMENT. THROUGH ITS WOMEN'S BUSINESS CENTERS AND THE EAST LOS ANGELES BUSINESSSOURCE CENTER, NEW PROVIDES NO-COST ONE-ON-ONE CONSULTING, TRAINING, AND FINANCING ASSISTANCE THAT SERVED THOUSANDS OF SMALL BUSINESSES, HELPED LAUNCH NEW ENTERPRISES, AND SUPPORTED OR CREATED THOUSANDS OF LOCAL JOBS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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.
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 October 13, 2026.
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.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1985.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 October 21, 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.