Overview

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Est.

1979

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

LOCAL INITIATIVES SUPPORT CORPORATION is a community improvement nonprofit that assists community stakeholders in urban and rural areas across the U.S. to revitalize distressed communities. In fiscal year 2024, it reported an operating budget of $233.4M and total revenue of $363.9M, with major support from NATIONAL EQUITY FUND INC, JPMORGAN CHASE FOUNDATION, and NFL FOUNDATION INC.

Mission Statement

SEE SCHEDULE O.ASSISTS COMMUNITY STAKEHOLDERS IN URBAN AND RURAL AREAS ACROSS THE U.S. TO REVITALIZE DISTRESSED COMMUNITIES.
Revenues
$363.9M
Expenses
$344.5M
Net Income:
+$19.3M
Assets
$1.6B
Liabilities
$1.1B
Net Assets:
+$553.5M
Operating Budget
$233.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
234
Median grant size
$87.5K
Largest grant received
$17.4M
M
Michael Pugh
Board Member
N
Nicole Williams
Board Member
L
Laura Jaramillo
Board Member
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  • 458 funders
  • 179 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is LOCAL INITIATIVES SUPPORT CORPORATION’s budget?
In 2024, LOCAL INITIATIVES SUPPORT CORPORATION reported an annual operating budget of around $233.4 million. More detailed financial information is available to registered users.
What causes does LOCAL INITIATIVES SUPPORT CORPORATION support?
LOCAL INITIATIVES SUPPORT CORPORATION supports work in Community improvement.
Where does LOCAL INITIATIVES SUPPORT CORPORATION operate?
LOCAL INITIATIVES SUPPORT CORPORATION is headquartered in New York, NY.
Who funded LOCAL INITIATIVES SUPPORT CORPORATION recently?
In 2025, LOCAL INITIATIVES SUPPORT CORPORATION received grants from NFL FOUNDATION INC, CHARITIES AID FOUNDATION AMERICA, and DICK'S SPORTING GOODS FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant LOCAL INITIATIVES SUPPORT CORPORATION received in 2024?
The largest grant to LOCAL INITIATIVES SUPPORT CORPORATION in 2024 exceeds $17.4 million.
What is LOCAL INITIATIVES SUPPORT CORPORATION’s reliance on government grants?
LOCAL INITIATIVES SUPPORT CORPORATION relied on government grants for more than 20% of their total revenue in 2024.