Washington, D.C. · Nonprofit
NEIGHBORHOOD REINVESTMENT CORPORATION
NEIGHBORHOOD REINVESTMENT CORPORATION (Washington, D.C.) receives grants from 32 organizations whose IRS filings report $36,487,180 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($10,000,000). 20 of them have funded it in more than one year.
- Revenue FY2025
- $179M
- Funders on record
- 32
- Grants received
- $36M
- Net assets
- $24M
What Neighborhood Reinvestment Corporation does
Mission
The Neighborhood Reinvestment Corporation (d.b.a neighborworks america) is a congressionally chartered public non-profit corporation that creates opportunities for people to live in affordable homes, improve their lives, and strengthen their communities.
As stated on its FY2025 Form 990.
Programs
Capacity building:capacity building refers to the practical assistance the corporation provides to strengthen the performance of neighborworks organizations to respond most effectively and efficiently to the needs of their communities. The corporation expands the capacity of network members by providing onsite technical assistance and limited funding.
$96,573,000 spentof which $58,313,313 as grants57% of program spendingPreserving affordable housing:organizations construct new housing, repair and renovate existing housing, promote homeownership, and further mixed-income affordable housing opportunities. The corporation also supports the organizations' hazard abatement, energy conservation, post purchase counseling, and foreclosure prevention activities. Equity capital, in the form of highly flexible corporation grants to local organizations' revolving loan funds, is also vitally important. Revolving loan funds are used to support home repairs, down-payment and closing-cost assistance, energy conservation repairs, commercial and small business loans, predevelopment costs, acquisition of problem properties, and a host of other initiatives.
$40,215,000 spentof which $40,215,000 as grants24% of program spendingHousing counseling stability program:the american rescue plan provided funding to neighborworks america to design and administer its housing stability counseling program (hscp). The hscp is administered nationwide and aims to help eligible nonprofit agencies that provide direct counseling services to individuals and families facing housing instability such as eviction, foreclosure, and homelessness. The hscp increases the capacity of neighborworks america to provide a higher-level housing counseling through hud-approved housing counseling agencies, state housing finance agencies (shfa), and neighborworks organizations (nwos).
$2,652,000 spentof which $428,000 as grants2% of program spendingTraining and informing: through communication, publishing, research and training functions, the corporation collects and disseminates pertinent and useful information for the neighborworks network and the broader community development field. The corporation imparts this data and information through a variety of vehicles and trains and informs the network and representatives of the broader industry through national and regional training events, publications, on-line (at www.nw.org), and other venues.
$19,987,000 spentof which $926,000 as grants$5,731,684 earned by the program12% of program spendingNational foreclosure mitigation counseling: the nfmc program is designed to provide mortgage foreclosure mitigation assistance primarily to states and areas with high rates of defaults and foreclosures primarily in the subprime housing market. The corporation, through the state housing finance agencies (hfas), hud-approved housing counseling intermediaries, and community-based neighborworks organizations, provides invaluable, free assistance to families at risk of losing their homes, helping clients to understand the complex foreclosure process and identifying possible courses of action to allow them to make informed decisions and take necessary actions.
$5,000 spentof which $5,000 as grants0% of program spendingOrganizational assessment:the corporation pays close attention to the capacity of each neighborworks organization to successfully manage programmatic risks and to ensure their financial and organizational stability. The organizational assessment function evaluates all of the neighborworks network member to successfully predict, mitigate, and manage risk and steadily increase the health, performance, productivity, and effectiveness of the organizations.
$8,772,000 spentof which $1,000 as grants5% of program spending
The 6 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $168,204,000.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $54M to $146M (+168%).
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 90% · 2018 88% · 2019 90% · 2020 87% · 2021 94% · 2022 94% · 2023 89% · 2024 90% · 2025 92%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 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.
Chief executive
Marietta E Rodriguez
President & CEO
Board chair
Rodney Hood
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 6 funders to 9 funders, grant income rose $1.1M → $3.4M.
8 of 32 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 30% 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 NEIGHBORHOOD REINVESTMENT CORPORATION’s funders (the co-funder graph). Top 30 of 32 funders by total. 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
NEIGHBORHOOD REINVESTMENT CORPORATION has a broad base — no single funder exceeds 27% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
31% 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 NEIGHBORHOOD REINVESTMENT CORPORATION.
Largest funder’s share by year: 2017 43% · 2018 44% · 2019 49% · 2020 48% · 2021 36% · 2022 42% · 2023 44% — 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.
How long its funders stay
26% of NEIGHBORHOOD REINVESTMENT CORPORATION's funders are still giving 3 years after their first grant; 63% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
NEIGHBORHOOD REINVESTMENT CORPORATION draws 99% of its grant income from funders outside Washington, D.C., across 17 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $11M arriving through sponsors registered in 8 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.
Government funding NEIGHBORHOOD REINVESTMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $36.6M on record — $36.5M federal, $31k state.
- Department of Housing and Urban Development$34.9M
- Corporation for National and Community Service$1.3M
- Department of Agriculture$302k
- National Endowment for the Arts$100k
- PROFESSIONAL SERVICES NON-IT$31k
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 NEIGHBORHOOD REINVESTMENT CORPORATION
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
92% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for NEIGHBORHOOD REINVESTMENT CORPORATION: 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 NEIGHBORHOOD REINVESTMENT CORPORATION?
- NEIGHBORHOOD REINVESTMENT CORPORATION (Washington, D.C.) receives grants from 32 organizations whose IRS filings report $36,487,180 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($10,000,000). 20 of them have funded it in more than one year.
- How many funders does NEIGHBORHOOD REINVESTMENT CORPORATION have?
- IRS filings report 32 organizations giving $36,487,180 in grants to NEIGHBORHOOD REINVESTMENT CORPORATION, 20 of which have funded it in more than one year.
- Who is the largest funder of NEIGHBORHOOD REINVESTMENT CORPORATION?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $10,000,000 in grants. The full list of funders is on this page.
- How can an organization like NEIGHBORHOOD REINVESTMENT CORPORATION 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 FY2025 (financials across 2017–2025), and the filings of 32 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 14, 2026. What this page cannot tell you · view filing