Public Charity

WASHINGTON AREA COMMUNITY INVESTMENT FUND INC

WASHINGTON AREA COMMUNITY INVESTMENT FUND INC, of WASHINGTON, DC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.1M in revenue, $6.4M in expenses, $12.1M in total assets. 39 publicly reported grants to this organization, totaling roughly $8.0M, appear in IRS filings.

EIN: 541442466 WASHINGTON, DC Latest filing: 2024
Total Revenue$4.1M
Total Expenses$6.4M
Total Assets$12.1M
Grant Records39
Funding Total$8.0M
Filing Years2020–2024

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 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.

Sample Grants Received

$2,820,000
TIDES FOUNDATION
2024
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
$360,000
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
2024
For grant recipient's exempt purposes
$210,000
The Winston-Salem Foundation
2024
1 grant(s) for varying purposes
$100,000
CAPITAL IMPACT PARTNERS
2024
TO CATALYZE BUSINESS GROWTH AND SUPPORT BUSINESS SUCCESS FOR DC OWNED FOOD BUSINESSES
$78,916

Showing up to 5 of 39 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Abigail Suarez
BOARD MEMBER Andrea Longton
BOARD MEMBER Aquil Stinson
TREASURER Brian Nagendra
BOARD MEMBER Caryln Madden
BOARD MEMBER Corey Griffin

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$2,968,575 4 grants
JPMC ENTREPRENEURS OF COLOR FUND
$1,000,000 1 grant
For grant recipient's exempt purposes
$823,152 5 grants
OPEN FOR BUSINESS FUND / DC COOP GRANT / ENTREPRENEURS OF COLOR SUBGRANT
$670,000 1 grant
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
$360,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.1M $6.4M $12.1M
2023 $7.6M $10.8M $14.3M
2022 $9.1M $6.9M $16.5M
2021 $7.6M $4.7M $14.9M
2020 $6.4M $2.7M $11.7M

Between 2020 and 2024, reported annual revenue declined from $6.4M to $4.1M (-35%), with total assets most recently reported at $12.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for WASHINGTON AREA COMMUNITY INVESTMENT FUND INC

Complete financials, all 39 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

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