New Hampshire · Public charity
Economic Corporation of Newport Inc
Develop a plan for economic development in newport, nh, to provide the foundation for strengthening the local economy and to promote a favorable climate for economic growth over an extended period of time, including supporting job creation opportunities for low to moderate income persons in the newport, nh area thorugh the recruitment of…
- $20k
- Granted FY2025(still arriving)
- 2
- Itemized grants FY2025
- 3
- Organizations funded FY2024
- 0%
- First-time grantees FY2024
- Itemized, FY2025
- $17k
- The rest is grants the schedule does not break out
- Median grant, FY2025
- $11,481
- Largest grant, FY2025
- $11,481
- Organizations funded a year
- 2 to 3
- FY2020 to FY2024
- States reached, FY2025
- 1
- Total assets, FY2025
- $1.9M
How open it is to new grantees
In FY2024, 0% of the organizations Economic Corporation of Newport Inc funded were first-time grantees, receiving 0% of its grant dollars.
New vs renewed · share of each year
In FY2024, 100% of grant dollars renewed an existing relationship; $0 went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2025still arriving | 2 | $17k | 50% |
| FY2024 | 3 | $28k | 0% |
| FY2023 | 3 | $240k | 67% |
| FY2021 | 3 | $34k | 33% |
| FY2020 | 2 | $35k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2025.
Top grantees
Largest recipients by total granted, FY2020 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Town of Newport NH | $253,929 | 3 | n/a |
| Paul Smiths College | $2,600 | 1 | 0% |
Plus 4 recipients with no EIN on record ($97k), not named here.
Compare Economic Corporation of Newport Inc with peer funders
About Economic Corporation of Newport Inc
- How much does Economic Corporation of Newport Inc give?
- Economic Corporation of Newport Inc reported 2 itemized grants totaling $16,896, out of $20,496 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 2 and 3 organizations a year over FY2020 to FY2024.
- What does Economic Corporation of Newport Inc fund?
- By grant dollars over FY2020 to FY2025, its largest causes are Community Improvement (59%), Public Benefit (13%), Education (11%).
- Who are Economic Corporation of Newport Inc's largest grantees?
- By total granted over FY2020 to FY2025: Town of Newport NH ($254k), Paul Smiths College ($3k).
- Does Economic Corporation of Newport Inc fund new organizations?
- In FY2024, 0% of the organizations it funded were first-time grantees.
- Where is Economic Corporation of Newport Inc based?
- Economic Corporation of Newport Inc is based in NH.
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