Public Charity

LOCAL INITIATIVES SUPPORT CORPORATION

LOCAL INITIATIVES SUPPORT CORPORATION is a Public Charity headquartered in NEW YORK, NY. Financial data from the 2024 filing: $363.9M revenue, $344.5M expenses, $1.6B total assets. 603 publicly reported grants to this organization, totaling roughly $409.1M, appear in IRS filings.

EIN: 133030229 NEW YORK, NY Community & Neighborhood Development NTEE: S20 Latest filing: 2024
Total Revenue$363.9M
Total Expenses$344.5M
Total Assets$1.6B
Grant Records603
Funding Total$409.1M
Filing Years2019–2024

Mission

TOGETHER WITH RESIDENTS AND PARTNERS, THE ORGANIZATION FORGES RESILIENT AND INCLUSIVE COMMUNITIES OF OPPORTUNITIES ACROSS AMERICA - GREAT PLACES TO LIVE, WORK, VISIT, DO BUSINESS AND RAISE FAMILIES.

Where $100 goes at Local Initiatives Support Corporation

How Local Initiatives Support Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$86 Programs the work itself
$11 Management running the organization
$3 Fundraising raising the next dollar

Inside the $86 for programs

$36
Project development and investment
42% of program spending
$31
The organization provides grants to community based organizations, small businesses, for-profit emerging developers and others throughout the country to support their efforts to revitalize disinvested communities and/or benefit…
37% of program spending · Reported in the filing: 1,470 grants; 2,325 units of affordable; 308 grants
$19
Lending
21% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CFO BROADSTREET IMPACT SERVICES, LLC Adriana Sandoval
VP Afraa Salem
DIRECTOR Alisahah Jackson Md
OUTGOING SVP Anna Alekseyeva
DIRECTOR Antonio Manning
SVP & DEPUTY CFO Barbara Libove

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$109,677,949 74 grants
General Support
$104,516,829 356 grants
Arts & Culture
$70,029,467 5 grants
Human & Social Services
$42,273,178 8 grants
Housing & Homelessness
$19,457,252 29 grants

Financial Trends

Year Revenue Expenses Assets
2024 $363.9M $344.5M $1.6B
2023 $373.1M $372.8M $1.5B
2022 $290.2M $283.0M $1.4B
2020 $462.4M $374.2M $1.2B
2019 $202.1M $162.6M $971.5M

Between 2019 and 2024, reported annual revenue grew from $202.1M to $363.9M (+80%), with total assets most recently reported at $1.6B.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for LOCAL INITIATIVES SUPPORT CORPORATION

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