WPublic & 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$20,450,1841%$21,161,1843%$9,887,9316%
2022$20,291,8362%$20,630,93012%$10,539,3873%
2021$19,833,14129%$18,433,15613%$10,254,8266%
2020$15,403,9894%$16,328,30617%$10,871,25712%
2019$14,856,68713%$13,963,15510%$9,665,99214%
2018$13,137,5916%$12,737,9663%$8,474,9766%
2017$12,445,9179%$12,330,46611%$7,987,3546%
2016$11,371,3716%$11,088,50713%$7,532,4836%
2015$10,760,79413%$9,795,3971%$7,118,09111%
2014$9,551,9725%$9,935,2355%$6,422,175
2013$9,091,3244%$9,436,0825%$6,416,8922%
2012$8,739,439$8,995,4505%$6,566,1224%
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 $21.7M in annual revenue and holds $11.8M in total assets, based on IRS filings.

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Local Government Corporation — Columbia, TN | GiveScope