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Massachusetts · Nonprofit

BOSTON LOCAL DEVELOPMENT CORPORATION

BOSTON LOCAL DEVELOPMENT CORPORATION (Massachusetts) receives grants from 14 organizations whose IRS filings report $3,109,253 to it, the largest being United Way Of Massachusetts Bay Inc ($1,158,043). 7 of them have funded it in more than one year.

$2.0M
Revenue FY2025
14
Funders on record
$3.1M
Grants received
$8.7M
Net assets
7/14 repeat funderspeak grant-dependency 40%

Against its field

BOSTON LOCAL DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 1,812 community improvement nonprofits its size.

Operating margin45% · top quartile
Months of reserve47.9mo · top quartile
Revenue growth (annualized)12% · above the median

this organization peer median middle 50% of peers· 1,812 community improvement nonprofits $1M–$10M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($917k) Expenses 100 ($893k) Net assets 100 ($5.9M)2019 Revenue 127 ($1.2M) Expenses 124 ($1.1M) Net assets 101 ($5.9M)2020 Revenue 91 ($831k) Expenses 135 ($1.2M) Net assets 95 ($5.5M)2021 Revenue 98 ($896k) Expenses 76 ($680k) Net assets 98 ($5.8M)2022 Revenue 151 ($1.4M) Expenses 113 ($1.0M) Net assets 105 ($6.1M)2023 Revenue 215 ($2.0M) Expenses 69 ($616k) Net assets 128 ($7.5M)2024 Revenue 188 ($1.7M) Expenses 139 ($1.2M) Net assets 134 ($7.8M)2025 Revenue 216 ($2.0M) Expenses 122 ($1.1M) Net assets 149 ($8.7M)
'18'19'20'21'22'23'24'25
Revenue (216)Expenses (122)Net assets (149)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 11%. Grants only. Government contracts and fees sit inside program revenue.

90% of BOSTON LOCAL DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,406 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$24k
18
$64k
19
$373k
20
$215k
21
$370k
22
$1.4M
23
$488k
24
$889k
25
48
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 6 funders, grant income rose $318k → $413k.

3 of 14 of your funders are donor-advised or pass-through sponsors (tagged DAF)11% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BOSTON LOCAL DEVELOPMENT CORPORATION’s funders (the co-funder graph). Top 13 of 14 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BOSTON LOCAL DEVELOPMENT CORPORATION leans on a few funders — its largest provides 37% of grant income and the top three 69%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

88% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BOSTON LOCAL DEVELOPMENT CORPORATION.

37%
largest funder
69%
top three
~5
effective funders

Largest funder’s share by year: 2017 91% · 2018 48% · 2019 86% · 2020 69% · 2021 42% · 2022 27% · 2023 30%diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of BOSTON LOCAL DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 50% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

55% of BOSTON LOCAL DEVELOPMENT CORPORATION's grant income comes from Massachusetts funders.

NY
MA
DC
TX

In-state vs out-of-state, by year

17
18
19
20
21
22
23
Massachusetts out of state home

Funder states come from each funder’s own filing. $334k arriving through sponsors registered in 3 statesis excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 14 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding BOSTON LOCAL DEVELOPMENT CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $693k on record.

Federal$693k
grants $693kcontracts $0
Top agencies
  • Department of Commerce$693k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like BOSTON LOCAL DEVELOPMENT CORPORATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

86% of spending goes to programs.

Program 86%Management 14%Fundraising 0%

Governance

9
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

76%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 1 related entity

  • Economic and Development Industrial Corporationboston · exempt

Screen this organization

A dated, signed PDF of the compliance screen for BOSTON LOCAL DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BOSTON LOCAL DEVELOPMENT CORPORATION?
BOSTON LOCAL DEVELOPMENT CORPORATION (Massachusetts) receives grants from 14 organizations whose IRS filings report $3,109,253 to it, the largest being United Way Of Massachusetts Bay Inc ($1,158,043). 7 of them have funded it in more than one year.
How many funders does BOSTON LOCAL DEVELOPMENT CORPORATION have?
IRS filings report 14 organizations giving $3,109,253 in grants to BOSTON LOCAL DEVELOPMENT CORPORATION, 7 of which have funded it in more than one year.
Who is the largest funder of BOSTON LOCAL DEVELOPMENT CORPORATION?
United Way Of Massachusetts Bay Inc is the largest funder on record, with $1,158,043 in grants. The full list of funders is on this page.
How can an organization like BOSTON LOCAL DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 14funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing