LOCAL JOBS & ECONOMIC DEVELOPMENT FUND

DOVER, DE, 19901 (302) 295-2183 Est. 2022 EIN 88-0876930
Form 990
HTTPS://LOCALJOBS.FUND/

Mission

LOCAL JOBS & ECONOMIC DEVELOPMENT FUND SUPPORTS LOCAL CLEAN ENERGY DEPLOYMENT ACROSS THE U.S. WE BUILD DATA-DRIVEN MODELS TO FIND AFFORDABLE LOCAL ENERGY OPPORTUNITIES WITH GOOD ECONOMIC BENEFITS.

Giving Portfolio

Total Grants
64
Total Giving
$10.6M
Recipients
59
Years Active
2022 - 2024
Avg grant: $121,268 Median: $50,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202435$8.5M $243K269
202321$1.9M $90K200
20228$249K $31K40

Sectors Funded

Environment
9
Public & Societal Benefit
6
Civil Rights & Advocacy
4
Community Improvement
1
Human Services
1
Food, Agriculture & Nutrition
1

Top States

Illinois
8
District of Columbia
5
Michigan
5
Texas
4
California
4
New York
3
Minnesota
3
Colorado
3
and 17 more states

Grantee Size Profile

$1M - $5M
12
Over $50M
6
$5M - $10M
3
$100K - $500K
3
$10M - $50M
2
$500K - $1M
1

Top Grantees

and 15 more grantees

Grants Awarded · 29 grants

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Financials

Total Revenue
$19,183,625
Total Expenses
$12,142,300
Net Assets
$8,171,415
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
8.1 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 355.5%
Expenses ↑ 182.1%
Revenue Sources
Contributions 99.8% Investment 0.2%
Expense Breakdown
Program 91.4% Management 6.4% Fundraising 2.2%

Officers & Trustees (6)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (4 filings)

YearRevenueExpensesNet Assets
2024 Form 990$19,183,625 $12,142,300$8,171,415
2023 Form 990$4,211,400 $4,304,504$1,130,090
2022 Form 990$1,835,000 $611,806$1,223,194
2022 Form 990$1,835,000 $611,806$1,223,194

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EIN: 88-0876930 · Source: IRS Form 990 e-file data