W — Public & Societal BenefitEIN: 621005866· Ruling Year: 1978

Local Government Corporation

Columbia, Tennessee

BHealth Score
55B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 9 peers in Public & Societal Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.30×
Peer Median11.38×
💰
$20.5M
Total Revenue
📊
$21.2M
Total Expenses
🏦
$6.4M
Net Assets
📋
$3.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.8%
Year-over-year change (2022 → 2023)
Net Margin
-3.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.30
Net assets divided by total expenses
Liabilities-to-Assets
35.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$20,450,184↑1%$21,161,184↑3%$9,887,931↓6%
2022$20,291,836↑2%$20,630,930↑12%$10,539,387↑3%
2021$19,833,141↑29%$18,433,156↑13%$10,254,826↓6%
2020$15,403,989↑4%$16,328,306↑17%$10,871,257↑12%
2019$14,856,687↑13%$13,963,155↑10%$9,665,992↑14%
2018$13,137,591↑6%$12,737,966↑3%$8,474,976↑6%
2017$12,445,917↑9%$12,330,466↑11%$7,987,354↑6%
2016$11,371,371↑6%$11,088,507↑13%$7,532,483↑6%
2015$10,760,794↑13%$9,795,397↓1%$7,118,091↑11%
2014$9,551,972↑5%$9,935,235↑5%$6,422,175
2013$9,091,324↑4%$9,436,082↑5%$6,416,892↓2%
2012$8,739,439$8,995,450↑5%$6,566,122↓4%
2011$8,722,931$8,596,831$6,819,360

Frequently Asked Questions

What does Local Government Corporation do?▼

Local Government Corporation is a public & societal benefit nonprofit organization based in Tennessee. It is classified under NTEE code W17B and is registered as a 501(c) tax-exempt organization with the IRS.

Is Local Government Corporation financially healthy?▼

Based on our 9-metric Financial Health Score model, Local Government Corporation has a score of 55/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Local Government Corporation generate?▼

Local Government Corporation reports $22.1M in annual revenue and holds $11.4M in total assets, based on IRS filings.

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