ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT

ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT

SAN JOSE, CA, US
501(c)(3)
EIN
31-1719434

ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT

SAN JOSE, CA, US
501(c)(3)
EIN
31-1719434

Overview

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Est.

1993

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT is a nonprofit organization dedicated to urban development and community improvement, with a mission to provide affordable capital and responsible financial solutions to underserved entrepreneurs and communities, particularly low-income individuals, people of color, and women. With an operating budget of $52.7 million and total revenue of $44.5 million for the 2024 filing year, the organization is supported by multiple funders, none of which contribute 50% or more of its revenue. For more information, visit their website at AOFUND.ORG.

Mission Statement

TO DELIVER AFFORDABLE CAPITAL AND RESPONSIBLE FINANCIAL SOLUTIONS TO (CONTINUED ON SCHEDULE O) UNDERSERVED ENTREPRENEURS AND COMMUNITIES, WITH A SPECIAL FOCUS ON LOW-INCOME PEOPLE, PEOPLE OF COLOR, AND WOMEN.
Revenues

$44.5M

Expenses

$55.5M

Net Income:
-$11M
Assets

$217.3M

Liabilities

$157.6M

Net Assets:
+$59.8M
Operating Budget

$52.7M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

14

Median grant size
$125K
Largest grant received
$23M
L
Luz De Lourdes Lopez Urrutia
Board Member
J
Juanita Lott
Board Member
L
Lata Krishnan
Board Member

Frequently Asked Questions

What is ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT’s budget?
In 2024, ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT reported an annual operating budget of around $52.7 million. More detailed financial information is available to registered users.
What causes does ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT support?
ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT supports work in Community improvement and Urban development.
Where does ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT operate?
ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT is headquartered in SAN JOSE, CA.
Who funded ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT recently?
In 2025, ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT received grants from TARGET FOUNDATION, GREAT RIVERS COMMUNITY TRUST, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT received in 2024?
The largest grant to ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT in 2024 exceeds $23 million.
What is ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT’s reliance on government grants?
ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT relied on government grants for less than 5% of their total revenue in 2024.
Overview
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