nonprofit · EIN 13-3030229 · NY
How much does LOCAL INITIATIVES SUPPORT CORPORATION raise and spend?
LOCAL INITIATIVES SUPPORT CORPORATION (NY, EIN 13-3030229) reported $363.9M in revenue and $344.5M in expenses for tax year 2024, with $553.5M in net assets (19.3 months of reserves). By expenses that ranks 856 of 391,588 e-filers, 2 of 18,038 in NTEE S: Community Improvement & Capacity Building, 93 of 26,102 nonprofits in new york.
What stands out
LOCAL INITIATIVES SUPPORT CORPORATION (NY, EIN 13-3030229) reported $363.9M in revenue and $344.5M in expenses for tax year 2024, with $553.5M in net assets (19.3 months of reserves). By expenses that ranks 856 of 391,588 e-filers, 2 of 18,038 in NTEE S: Community Improvement & Capacity Building, 93 of 26,102 nonprofits in new york. Against NTEE S: Community Improvement & Capacity Building: months of reserves 19.3 months, above the peer median of 11.9 months; officer compensation share of expenses 4.0%, below the peer median of 10.4%; contributions share of revenue 73.3%, above the peer median of 59.3%; surplus margin 5.3%, above the peer median of 4.5%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $363.9M | $190.7k | $233.3M | $198.5k |
| Total expenses | $344.5M | $172.6k | $225.3M | $179.6k |
| Total assets | $1.6B | $610.2k | $306.0M | $761.5k |
| Net assets | $553.5M | $474.8k | $162.6M | $615.1k |
| Officer compensation (total per organisation) | $13.7M | $124.6k | $2.6M | $114.3k |
| Program service revenue share | 23.5% | 17.7% | 92.5% | 13.4% |
| Contributions share of revenue | 73.3% | 59.3% | 0.8% | 55.6% |
| Officer compensation share of expenses | 4.0% | 10.4% | 0.9% | 6.6% |
| Months of reserves | 19.3 months | 11.9 months | 7.7 months | 12.4 months |
| Surplus margin | 5.3% | 4.5% | 1.7% | 4.3% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $363.9M | $344.5M | $553.5M | 19.3 months | $13.7M | 856 |
| 2023 | $373.1M | $372.8M | $534.6M | 17.2 months | $14.8M | 1,393 |
| 2022 | $290.2M | $283.0M | $548.5M | 23.3 months | $11.6M | 1,731 |
| 2020 | $462.4M | $374.2M | $475.3M | 15.2 months | $1.8M | 1,163 |
| 2019 | $202.1M | $162.6M | $372.3M | 27.5 months | $8.9M | 2,353 |
| 2018 | $191.7M | $155.4M | $323.3M | 25.0 months | $8.9M | 2,308 |
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