Nonprofit screen
Screen a listLocal Initiatives Support Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$364Mrevenue
FY2024 · +6% in 3 yrs987staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpending
Against similar nonprofits FY2024
Operating margin5.3%
Months of reserve14.5mo
Revenue growth (annualized)+13.0%
Middle half of peersMedianLocal Initiatives Support
Where the money goes FY2024 · $345M spent
Programs$303M88%Management and general$31M9%Fundraising$11M3%990 FY2024 · Part IX line 25
Nothing to check in the filings
In its favor3
Strong governance
19 of 21 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 13% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 8 of its 8 returns, 21% of revenue in FY2024. $298M is traced federal awards from Department of Housing and Urban Development.
990 Part VIII · USAspending429funders
$71Ma year, last 3 years
19%from its largest funder
Funder’17’18’19’20’21’22’23Jpmorgan Chase FoundationEvery year since FY2017$1.9M$2.9M$8.4M$4.4M$2.0M$2.3M$2.0MCiti FoundationSince FY2020$12M$1.4M$3.3M$2.0MNfl Foundation IncOn and off$3.5M$3.5M$50k$10MLilly Endowment IncOn and off$500k$5.5M$500k$3.5M$4.5M$500kThe Kresge FoundationEvery year since FY2017$2.1M$1.7M$1.4M$1.3M$1.3M$750k$550kSentara HealthOn and off$1.0M$1.5M$2.0M$3.5MDonor-advised giftsDonors not disclosed$3.4M$19M$3.9M$17M$58M$19M$15M298 other fundersUp to $7.5M a year each$8.6M$11M$20M$40M$35M$22M$25M
FundedThrough a donor-advised fund