THE WASHINGTON AREA COMMUNITY INVESTMENT FUND (WACIF) IS A NONPROFIT COMMUNITY LOAN FUND FOCUSED ON INCREASING EQUITY AND ECONOMIC OPPORTUNITY IN THE WASHINGTON, DC AREA'S UNDERSERVED COMMUNITIES. WACIF'S MISSION IS DRIVEN BY THREE STRATEGIC PILLARS: INCLUSIVE ENTREPRENEURSHIP, COMMUNITY WEALTH BUILDING, AND EQUITABLE ECONOMIC OPPORTUNITY, AND IS FULFILLED BY PROVIDING ACCESS TO CAPITAL PRODUCTS AND SERVICES, AND CAPACITY BUILDING ADVISORY SERVICES TO LOW- AND MODERATE-INCOME ENTREPRENEURS.
| Year | Grants | Total Giving | Avg Grant | New | Repeat |
|---|---|---|---|---|---|
| 2025 | 5 | $925K | $185K | 2 | 3 |
| 2024 | 2 | $652K | $326K | 0 | 2 |
| 2023 | 13 | $4.4M | $337K | 7 | 5 |
| 2022 | 35 | $1.3M | $36K | 34 | 1 |
| 2021 | 10 | $1.1M | $111K | 9 | 1 |
| 2020 | 15 | $165K | $11K | 14 | 0 |
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2025 990 - Public charity return Jan 1, 2025 to Dec 31, 2025 | $6,672,318 ↑ | $6,907,756 | $5,450,780 |
| 2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024 | $4,141,530 ↓ | $6,386,456 | $5,687,460 |
| 2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023 | $7,616,507 ↓ | $10,848,582 | $7,943,813 |
| 2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022 | $9,086,978 ↑ | $6,866,291 | $11,132,824 |
| 2021 990 - Public charity return Jan 1, 2021 to Dec 31, 2021 | $7,620,930 ↑ | $4,660,784 | $8,912,017 |
| 2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020 | $6,397,191 ↑ | $2,735,664 | $5,970,020 |
| 2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018 | $3,170,161 | $2,044,907 | $804,175 |
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