Washington, D.C. · Nonprofit
OPPORTUNITY FINANCE NETWORK
OPPORTUNITY FINANCE NETWORK (Washington, D.C.) receives grants from 32 organizations whose IRS filings report $91,711,982 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($25,000,000). 22 of them have funded it in more than one year, and 65% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $140M
- Funders on record
- 32
- Grants received
- $92M
- Net assets
- $2.5B
What Opportunity Finance Network does
Mission
Ofn's mission is to lead cdfis and their partners to ensure that low-income, low-wealth, and other underserved people and communities have access to affordable, responsible financial products and services.
As stated on its FY2025 Form 990.
Programs
Money: ofn is one of the country's largest investors in cdfis, expanding access to responsible, affordable capital across the country. The money aspect of ofn's work includes the following activities which benefit low-income and low-wealth communities throughout the u.s: ofn'sfinancing fund (on-balance-sheet lending and investing in cdfis); fund management services (fee-based business providing cdfi fund management and asset management services to third party investors); and cdfi bond guarantee program bond issuance and administrative services. In 2025, ofn closed a $100 million bond through the cdfi fund's bond guarantee program, raised an additional $81.2 million in total capital, and built a strong pipeline of strategic partnerships to support deployment to cdfis in the years ahead. Ofn now manages over $1 billion in total assets, solifying our position as one the country's leadeing investment intermediaries in the community development finance industry.
$8,644,453 spentof which $2,865,000 as grants$10,382,146 earned by the program39% of program spendingStrength: ofn is the leading convener, capacity builder, and thought leader in community development finance. Ofn strengthens the cdfi industry by providing peer learning opportunities, research, networking platforms, and signature annual events (e.g. The ofn conference and small business finance forum) for cdfi practitioners, partners, and investors. In 2025, ofn launched a new series of practitioner-focused convenings in marketing communications and human capital.to support the professional development and growth of cdfi industry professionals, in 2025 ofn launched the career meets purpose hub, one important component of the organization's strategic support for the cdfi workforce through the career meets purpose initiative. Ofn reports, surveys, and other publications provide valuable data and insight on the cdfi industry and, in 2025, ofn continued to publish featured reports like the 27th edition of the side by side chartbook and member survey alongside new publications including the insight briefing on donor-advised funds and cdfis, sector trends in ofn member loan fund lending, and the impact of cdfi fund financial assistance awards. These new offerings complement ofn's…
$8,650,163 spent$6,576,771 earned by the program39% of program spendingVoice: across multiple channels and audiences, ofn's policy advocacy and strategic communications drive the message that cdfi investments transform communities and change lives, amplifying the cdfi message, deepening support for community development finance, and increasing resources for cdfis. In 2025, ofn was instrumental in securing a level $324 million appropriation for the cdfi fund, leading more than 300 hill visits that mobilized and deepened bipartisan support for community development finance, and working with outlets including the new york times, the wall street journal, and politico to tell the story of the impact and importance of cdfis.
$2,486,399 spent11% of program spendingOther
$2,590,953 spent$93,259,674 earned by the program12% of program spending
The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $22,371,968.
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 2023 to 2024, from $314M to $2.6B (+737%).
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: 2018 5% · 2019 3% · 2020 2% · 2021 4% · 2022 1% · 2023 15% · 2024 98%. Grants only. Government contracts and fees sit inside program revenue.
18% of OPPORTUNITY FINANCE NETWORK’s revenue is contributions — more donation-reliant than the typical peer (0% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 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
Harold Pettigrew
President & CEO
Board chair
Aisha Benson
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 13 funders, grant income rose $160k → $30M.
12 of 32 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 65% 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 OPPORTUNITY FINANCE NETWORK’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
OPPORTUNITY FINANCE NETWORK leans on a few funders — its largest provides 27% of grant income and the top three 63%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
70% 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 OPPORTUNITY FINANCE NETWORK.
Largest funder’s share by year: 2017 47% · 2018 33% · 2019 58% · 2020 56% · 2021 26% · 2022 65% · 2023 82% — growing more concentrated.
“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
42% of OPPORTUNITY FINANCE NETWORK's funders are still giving 3 years after their first grant; 69% 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
65% of OPPORTUNITY FINANCE NETWORK'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 $32M that is directly attributable, 100% of it comes from funders outside Washington, D.C., across 10 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $59M arriving through sponsors registered in 11 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
OPPORTUNITY FINANCE NETWORK runs a healthier operating margin than three-quarters of the 25 public benefit nonprofits its size.
this organization peer median middle 50% of peers· 25 public benefit nonprofits over $100M, FY2025
Organizations like OPPORTUNITY FINANCE NETWORK
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
68% of spending goes to programs.
Governance
Public support
79%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 40 states
Part of a family of 3 related entities
- Ncca General Partner LLC · disregarded
- Cdfi Community Investment Fund I LLC · partnership
- Good to Grow Cdfi Investment Fund LLC · partnership
Screen this organization
A dated, signed PDF of the compliance screen for OPPORTUNITY FINANCE NETWORK: 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 OPPORTUNITY FINANCE NETWORK?
- OPPORTUNITY FINANCE NETWORK (Washington, D.C.) receives grants from 32 organizations whose IRS filings report $91,711,982 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($25,000,000). 22 of them have funded it in more than one year, and 65% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does OPPORTUNITY FINANCE NETWORK have?
- IRS filings report 32 organizations giving $91,711,982 in grants to OPPORTUNITY FINANCE NETWORK, 22 of which have funded it in more than one year.
- Who is the largest funder of OPPORTUNITY FINANCE NETWORK?
- NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $25,000,000 in grants. The full list of funders is on this page.
- How can an organization like OPPORTUNITY FINANCE NETWORK 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 22, 2026. What this page cannot tell you · view filing