Logo for "LOCAL INITIATIVES SUPPORT CORPORATION"

LOCAL INITIATIVES SUPPORT CORPORATION

LOCAL INITIATIVES SUPPORT CORPORATION

New York, NY, US
501(c)3
EIN
13-3030229
Logo for "LOCAL INITIATIVES SUPPORT CORPORATION"

LOCAL INITIATIVES SUPPORT CORPORATION

New York, NY, US
501(c)3
EIN
13-3030229

Overview

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Est.

1979

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Local Initiatives Support Corporation (EIN: 13-3030229) is a nonprofit organization dedicated to community improvement, assisting stakeholders in both urban and rural areas across the U.S. to revitalize distressed communities. With an operating budget of $233.4 million and total revenue of $363.9 million for the 2024 filing year, LISC demonstrates significant financial scale; however, it does not rely on a single funder for more than 50% of its revenue. More information can be found on their website at www.lisc.org.

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

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.
Overview
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