Washington, D.C. · Nonprofit
NCRC COMMUNITY DEVELOPMENT FUND INC
NCRC COMMUNITY DEVELOPMENT FUND INC (Washington, D.C.) receives grants from 4 organizations whose IRS filings report $1,975,000 to it, the largest being THE MIAMI FOUNDATION INC ($1,250,000). 2 of them have funded it in more than one year, and 73% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $2.3M
- Funders on record
- 4
- Grants received
- $2.0M
- Net assets
- $17M
What Ncrc Community Development Fund Inc does
Mission
Ncrc cdf, a us treasury-certified community development financial institution, provides access to capital for america's underserved communities that supports entrepreneurship and affordable homeownership.
As stated on its FY2024 Form 990.
Programs
On its FY2023 return the organization reported starting a significant new program.
The cdfi administered three department of treasury pass-through grants from illinois department of commerce & economic opportunity (coronavirus state and local fiscal recovery funds).
Its own explanation, from Schedule O of that return (Part III, line 2).
The american rescue plan grant program made funds available for recovery grants to businesses in the arts, restaurants, and hotel sectors that experienced financial hardship due to the covid-19 pandemic. The program provided grants to businesses in illinois.
$159,286,248 spentof which $156,669,431 as grants98% of program spendingThe small business program provides funding to minority-owned, women-owned, and low-income owned businesses.
$1,903,928 spent$1,120,672 earned by the program1% of program spendingThe affordable housing program provides funding to entities to rehabilitate, develop, and promote affordable housing and home ownership in low- and moderate-income census tracts for persons of low- and moderate-income.
$1,478,852 spent$1,351,136 earned by the program1% of program spending
The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $162,669,028.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $31M to $46M (+47%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 1% · 2023 98%. Grants only. Government contracts and fees sit inside program revenue.
33% of NCRC COMMUNITY DEVELOPMENT FUND INC’s revenue is contributions — about as donation-reliant as the typical peer (60% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Jesse Van Tol
Board chair
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2023 and FY2024 filings.
Who funds it, year by year
2021 → 2023: the base held at 1 funder, grant income fell $500k → $10k.
2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 73% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of NCRC COMMUNITY DEVELOPMENT FUND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
NCRC COMMUNITY DEVELOPMENT FUND INC leans on a few funders — its largest provides 63% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
73% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NCRC COMMUNITY DEVELOPMENT FUND INC.
Largest funder’s share by year: 2021 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
73% of NCRC COMMUNITY DEVELOPMENT FUND INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $525k that is directly attributable, 100% of it comes from funders outside Washington, D.C., across 2 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.4M arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
NCRC COMMUNITY DEVELOPMENT FUND INC holds deeper cash reserves than three-quarters of the 4,206 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,206 community improvement nonprofits $1M–$10M, FY2024
Government funding NCRC COMMUNITY DEVELOPMENT FUND INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.4M on record.
- Department of the Treasury$2.4M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like NCRC COMMUNITY DEVELOPMENT FUND INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Washington, D.C.
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
97%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 8 states
Part of a family of 1 related entity
- National Community Reinvestment Coalition · exempt
Screen this organization
A dated, signed PDF of the compliance screen for NCRC COMMUNITY DEVELOPMENT FUND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds NCRC COMMUNITY DEVELOPMENT FUND INC?
- NCRC COMMUNITY DEVELOPMENT FUND INC (Washington, D.C.) receives grants from 4 organizations whose IRS filings report $1,975,000 to it, the largest being THE MIAMI FOUNDATION INC ($1,250,000). 2 of them have funded it in more than one year, and 73% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does NCRC COMMUNITY DEVELOPMENT FUND INC have?
- IRS filings report 4 organizations giving $1,975,000 in grants to NCRC COMMUNITY DEVELOPMENT FUND INC, 2 of which have funded it in more than one year.
- Who is the largest funder of NCRC COMMUNITY DEVELOPMENT FUND INC?
- THE MIAMI FOUNDATION INC is the largest funder on record, with $1,250,000 in grants. The full list of funders is on this page.
- How can an organization like NCRC COMMUNITY DEVELOPMENT FUND INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing