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New York · Public charity

Center for Economic Growth Inc

Provide customized strategies to small-to-middle sized companies in the manufacturing technology sectors to improve productivity, increase sales, reduce costs, launch new products and grow their bottom line. In addition, we engage in a variety of initiatives to develop a skilled workforce to serve the region's employer community.

$191k
Granted FY2024(still arriving)
3
Itemized grants FY2024
5
Organizations funded FY2023
100%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$185k
The rest is grants the schedule does not break out
Median grant, FY2024
$44,544
Largest grant, FY2024
$135,000
Organizations funded a year
5 to 6
FY2022 to FY2023
States reached, FY2024
1
Total assets, FY2024
$1.3M

How open it is to new grantees

In FY2023, 100% of the organizations Center for Economic Growth Inc funded were first-time grantees, receiving 100% of its grant dollars.

The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving3$185k67%
FY20235$139k100%
FY20226$372kn/a
93% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2024.

Employment$350kArts & Culture$225kHealth$50kScience & Tech$38kEducation$20kCommunity Improvement$14kOther$0

Top grantees

Largest recipients by total granted, FY2022 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Multi-Craft Apprenticeship Preparation Program Inc$135,00018%
Global Foundries US Inc$98,5922n/a
Greno Industries Inc$25,0001n/a
Schenectady County Community College$20,0001n/a
Nuravine LLC$15,0001n/a
New York Center for Research Economic Advancement Technology Engineeringand$5,37010%

Plus 7 recipients with no EIN on record ($397k), not named here.

Compare Center for Economic Growth Inc with peer funders

About Center for Economic Growth Inc

How much does Center for Economic Growth Inc give?
Center for Economic Growth Inc reported 3 itemized grants totaling $184,914, out of $190,914 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 5 and 6 organizations a year over FY2022 to FY2023.
What does Center for Economic Growth Inc fund?
By grant dollars over FY2022 to FY2024, its largest causes are Employment (31%), Arts & Culture (20%), Health (4%).
Who are Center for Economic Growth Inc's largest grantees?
By total granted over FY2022 to FY2024: Multi-Craft Apprenticeship Preparation Program Inc ($135k), Global Foundries US Inc ($99k), Greno Industries Inc ($25k).
Does Center for Economic Growth Inc fund new organizations?
In FY2023, 100% of the organizations it funded were first-time grantees.
Where is Center for Economic Growth Inc based?
Center for Economic Growth Inc is based in NY.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 13 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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