WASHINGTON AREA COMMUNITY INVESTMENT

WASHINGTON, DC, 20018 (202) 529-5505 Est. 1987 EIN 54-1442466
990 - Public charity return 501(c)(3)
www.wacif.org

Mission

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.

Giving Portfolio

Total Grants
80
Total Giving
$8.5M
Recipients
78
Years Active
2020 - 2025
Avg grant: $167,684 Median: $17,928

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20255$925K $185K23
20242$652K $326K02
202313$4.4M $337K75
202235$1.3M $36K341
202110$1.1M $111K91
202015$165K $11K140

Sectors Funded

Community Improvement
6
Arts, Culture & Humanities
4
Human Services
3
Youth Development
1
Employment
1
Education
1

Top States

District of Columbia
70
Maryland
7
Virginia
2
Arizona
1

Grantee Size Profile

$1M - $5M
7
$100K - $500K
6
$5M - $10M
1
$500K - $1M
1
$10M - $50M
1

Top Grantees

Page 1 of 3
$5.2M
YELEEN BEAUTY LLC
DC - 3 grants
$590K
NUBIAN HUEMAN
DC - 2 grants
$148K
THE FRESH FOOD FACTORY MARKET
DC
$110K
THE MAHOGANY BUSINESS GROUP DBA MAHOGANYBOOKS
DC
$80K
$60K
TABARD CORPORATION
DC - 2 grants
$42K

Grants Awarded · 18 grants

Looking for grants like these from other funders? Sign up free to search 16M+ grants.

Financials

Total Revenue
$6,672,318
Total Expenses
$6,907,756
Net Assets
$5,450,780
35 employees 20 volunteers
From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve
9.5 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 61.1%
Expenses ↑ 8.2%
Revenue Sources
Contributions 87.3% Earned revenue 9.9% Investment 2.3%
Expense Breakdown
Program 62.9% Management 23.2% Fundraising 13.9%

Officers & Trustees (30)

Sign up free to see all officers. Individual compensation is available on Grow plans.

Filing History (7 filings)

YearRevenueExpensesNet 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

Find more like this.

Sign up free to search 16M+ grants and see similar organizations on every nonprofit profile.

Sign Up Free

No credit card required.

EIN: 54-1442466 · Source: IRS Form 990 e-file data