Based in WASHINGTON, DC, COMMUNITY ACTION FINANCIAL INSTITUTE operates as a Small Public Charity. The organization reported $37K in revenue, $18K in expenses, $1K in total assets for fiscal year 2019.
TO PROMOTE COMMUNITY DEVELOPMENT BY PROVIDING ASSISTANCE, INCLUDING WITHOUT LIMITATIONS LOANS AND OTHER FORMS OF DEBT OR EQUITY FINANCING, DIRECTED TOWARD IMPROVING THE SOCIAL OR ECONOMIC CONDITIONS OF LOW INCOME INDIVIDUALS, INDIVIDUALS THAT LACK ADEQUATE ACCESS TO CAPITAL OR FINANCIAL SERVICES, UNDERSERVED PEOPLE OR COMMUNITIES, OR RESIDENTS OF DISTRESSED COMMUNITIES, AS WELL AS TO PROVIDE MANAGEMENT GUIDANCE IN THE EFFECTIVE OPERATION OF SUCH ENTERPRISES.
How Community Action Financial Institute divides every $100 it spends, from its own Form 990-EZ filings, averaged across 3 years.
Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.
Source: Form 990-EZ filings with the IRS, latest fiscal year 2019. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2019 | $37K | $18K | $1K |
| 2018 | $3K | $23K | $456K |
| 2017 | $67K | $67K | $453K |
Between 2017 and 2019, reported annual revenue declined from $67K to $37K (-45%), with total assets most recently reported at $1K.
Interactive year-over-year charts and full filing details available with membership.
