Ncrc Community Development Fund Inc
740 15th Street Suite 400, Washington, DC · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $2,252,467 | $7,655,011 | $16,882,596 |
| FY2023 | $164,674,107 | $164,081,061 | $22,285,140 |
| FY2022 | $1,445,810 | $2,989,322 | $24,087,094 |
| FY2021 | $6,859,194 | $3,938,148 | $25,630,606 |
| FY2020 | $15,226,406 | $790,512 | $22,709,560 |
| FY2019 | $550,285 | $520,296 | $8,273,666 |
| FY2018 | $401,182 | $418,619 | $8,243,677 |
| FY2017 | $5,384,999 | $406,214 | $8,261,114 |
| FY2016 | $408,006 | $284,023 | $3,282,329 |
| FY2015 | $3,127,118 | $193,552 | $3,158,390 |
| FY2014 | $119,250 | $112,992 | $224,824 |
| FY2013 | $7,720 | $1,668 | $218,566 |
| FY2012 | $155,941 | $6,443 | $208,116 |
| FY2011 | $106,831 | $166,136 | -$59,305 |
Form 990 filings
The returns filed by Ncrc Community Development Fund Inc (EIN 26-1269202), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of listed sources |
|---|---|---|
| Contributions & grants | $733,099 | 29% |
| Program service revenue | $1,808,593 | 71% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $5,963,372 | 78% |
| Management & general | $1,691,639 | 22% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue was the largest of the listed revenue sources in FY2024.
- Program services accounted for 78% of functional expenses, management & general 22%, and fundraising 0%.
- 78% of functional expenses went to program services in FY2024. That is higher than 18.5% of 480 Community Improvement & Capacity Building organizations nationwide (too few in DC for a state comparison).
- Net assets covered about 26.5 months of expenses at the end of the reporting year. That puts it in the 85th percentile among 506 Community Improvement & Capacity Building organizations in DC.
- Total revenue was higher than 70.6% of 514 Community Improvement & Capacity Building organizations in DC.
- Total revenue rose from $106,831 in FY2011 to $2,252,467 in FY2024. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2011, FY2018, FY2022, FY2024).
- The highest revenue on record here is $164,674,107 in FY2023.
- Net assets grew from -$59,305 to $16,882,596 between FY2011 and FY2024.
- Contributions and grants made up 94% of revenue in FY2011 and 33% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
NCRC CDF PROVIDES ACCESS TO CAPITAL THAT SUPPORTS ENTREPRENEURSHIP AND AFFORDABLE HOMEOWNERSHIP IN AMERICA'S UNDERSERVED COMMUNITIES.
IRS status
| Ruling year | 2010 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | S40 — Community Improvement & Capacity Building (in DC) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Ltc Reinsurance Pcc — Washington, DC · $7,801,774
- Ltc Reinsurance Pcc — Washington, DC · $34,299,752
- Guaranty Association Benefits Company — Washington, DC · $54,747,905
- Community of Hope Inc — Washington, DC · $57,568,524
- American Psychiatric Association — Washington, DC · $58,199,477
- American Clean Power Association — Washington, DC · $67,498,049
- Edison Electric Institute — Washington, DC · $101,821,254
- North American Electric Reliability Corp — Washington, DC · $112,373,473
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.