#410 of 500 · Human Services & Advocacy

Local Initiatives Support Corporation

EIN 13-3030229 · NY · NTEE S200 · Form 990, fiscal 2023

A national community development nonprofit and community development financial institution founded in 1979. It channels grants, loans and equity investments into local partners and community development organizations across the United States to develop affordable housing, support small businesses and jobs, finance community facilities, and build economic opportunity in underserved urban and rural communities.

Financials, fiscal 2023

Revenue

$373.1M

Expenses

$372.8M

Total assets

$1.52B

Net assets

$534.6M

Operating margin

0.1%

1-year growth

28.6%

5-year growth (CAGR)

16.6%

Reserve (years of spending)

17.2

Contributions share

67.6%

Programme spending

29.8%

Fundraising cost

0.6%

Executive pay share

3.96%

Employees

877

Revenue per employee

$425K

Grants paid

$150.0M

Years filing

43

NFP Health Score: 79 / 100

Financial 68 · Governance 90 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

Together with residents and partners, LISC forges resilient and inclusive communities of opportunity across America - great places to live, work, visit, do business and raise families.

Revenue history