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Liftfund
Liftfund reported $30.1 million in revenue and $27.7 million in expenses for calendar year 2025. Of every $100 it spent, $93.46 went to program services, $3.12 to management and general costs and $3.42 to fundraising. Its largest source of revenue was contributions and grants: 54.1% of the total. Government grants made up 35.5%. The highest compensation it reported for one person was $276,321 (President & CEO). 7 people received more than $100,000 in reportable compensation. Revenue rose 66% between 2019 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $28MFor context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2025 · Form 990, Part VIII · total revenue $30MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.5% | 89.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 3.1% | 9.2% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.4% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.06 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 54.1% | 80.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 35.5% | 14.9% |
| Program service revenue share Part VIII 2g ÷ 12 | 40.5% | 11.9% |
| Highest reported compensation Part VII-A, columns D–F | $276,321 | $291,103 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.00% | 1.49% |
| People paid over $100,000 Part VII, line 2 | 7 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 15.3 | 9.2 |
| Independent voting board members Part VI 1a–1b | 13 of 13 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2025 · Form 990, Part III · the three largest programs by expenseLiftfund provides credit and other services to small businesses that do not haveaccess to loans from commercial sources. Under direct lending operations, liftfundprovided 766 micro and small business loans, and under the sba 504 program, 43 newloans were closed in the fiscal year ended 12/31/2025. With more than $69.9 million in loans outstanding as of december 31, 2025, liftfund is regarded as one of the largest and best performing microfinance institutions in the united states. Liftfundcomplemented its capital with 4,327 hours of technical assistance provided to 2,265entrepreneurs. Through…
During the year ended december 31, 2025, liftfund worked with several cities,counties, municipalities and foundations to help distribute grants as a subrecipientto small businesses throughout the year. Liftfund awarded 655 grants to various small businesses throughout the communities we serve amounting to over $6.4 million in business support funding
Highest reported compensation
2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President & CEO Officer, 50.00 hrs/week | $276,321 | $0 | $0 | $276,321 |
| SVP SBA 504 Listed in Part VII, 50.00 hrs/week | $246,576 | $0 | $0 | $246,576 |
| COO & CFO Officer, 50.00 hrs/week | $231,222 | $0 | $0 | $231,222 |
| VP SBA 504 Listed in Part VII, 50.00 hrs/week | $214,209 | $0 | $0 | $214,209 |
| CHIEF CDC. OFCR Listed in Part VII, 50.00 hrs/week | $205,965 | $0 | $0 | $205,965 |
| CHIEF TECH OFCR Listed in Part VII, 50.00 hrs/week | $186,413 | $0 | $0 | $186,413 |
| SVP SBA 504 Listed in Part VII, 50.00 hrs/week | $166,892 | $0 | $0 | $166,892 |
7 people received more than $100,000 in reportable compensation from Liftfund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $500K (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b13 · 13 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 586
Largest outside contractors
2025 · Form 990, Part VII, Section B · businesses only| FMP MASONRY INC Construction | $422,262 |
| EAGLE EYE SERVICES Construction | $409,629 |
| PORTICO REI LLC Finance | $389,028 |
| NEW BEGINNING CONSTRUCTION LTD Construction | $355,797 |
| TXC TEXAS CREATIVE LLC Marketing | $351,809 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
8 private foundations reported grants to Liftfund totaling $770K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Liftfund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Liftfund, you can publish a response that is linked from this page.
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Of every $100 Liftfund spent in 2025, $93.46 went to programs. The full breakdown, from its IRS Form 990:
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All community improvement & capacity building charities · Largest charities in Texas
Questions people ask
How much of Liftfund's spending goes to programs?
In calendar year 2025, Liftfund reported that 93.5% of its $27.7 million in expenses went to program services, 3.1% to management and general and 3.4% to fundraising (Form 990, Part IX).
How much does Liftfund pay its top executive?
The largest total compensation Liftfund reported for one person in calendar year 2025 was $276,321, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Liftfund get its money?
Of $30.1 million in revenue in calendar year 2025, 54.1% came from contributions and grants (including 35.5% from government grants) and 40.5% from program service revenue (Form 990, Part VIII).
Is Liftfund a registered charity?
The IRS lists EIN 74-2712770 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202611539349300131 · read the filing · XML
- 2024: Form 990 for calendar year 2024, object 202542389349301624 · read the filing
- 2023: Form 990 for calendar year 2023, object 202432969349300638 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323179349306337 · read the filing
- 2021: Form 990 for calendar year 2021, object 202231749349300013 · read the filing
- 2020: Form 990 for calendar year 2020, object 202111419349300811 · read the filing
- 2019: Form 990 for calendar year 2019, object 202041709349301114 · read the filing
All filings for EIN 74-2712770: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.