Community Finance Inc FKA Giving Credit Inc

Community Finance Inc FKA Giving Credit Inc

Malden, MA, US
501(c)3
EIN
82-2380625

Community Finance Inc FKA Giving Credit Inc

Malden, MA, US
501(c)3
EIN
82-2380625

Overview

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Fiscal Year Start

Not available

Organization Type

Grantseeker

AI Summary

Community Finance Inc, formerly known as Giving Credit Inc, is a nonprofit organization focused on public affairs and dedicated to empowering economically excluded low-income communities by providing access to high-quality, low-interest wealth-building products. With an operating budget of $224.3K and total revenue of $330.3K for the 2024 filing year, the organization relies on multiple funders, none of which contribute 50% or more of its revenue. More information can be found on their website at https://www.communityfi.org.

Mission Statement

The organizations mission is to recognize and capitalize economic mutual aid in financially excluded low income communities where everyone has access to high quality and low interest wealth building products
Revenues

$330.3K

Expenses

$224.3K

Net Income:
+$106K
Assets

$106K

Liabilities

$0

Net Assets:
+$106K
Operating Budget

$224.3K

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

3

Median grant size
$40K
Largest grant received
$100K
A
Ashley Sherwin
Board Member
D
David Henderson
Board Member
D
Diego May
Executive

Frequently Asked Questions

What is Community Finance Inc FKA Giving Credit Inc’s budget?
In 2024, Community Finance Inc FKA Giving Credit Inc reported an annual operating budget of around $224 thousand. More detailed financial information is available to registered users.
What causes does Community Finance Inc FKA Giving Credit Inc support?
Community Finance Inc FKA Giving Credit Inc supports work in Public affairs.
Where does Community Finance Inc FKA Giving Credit Inc operate?
Community Finance Inc FKA Giving Credit Inc is headquartered in Malden, MA.
Who funded Community Finance Inc FKA Giving Credit Inc recently?
In 2024, Community Finance Inc FKA Giving Credit Inc received grants from FII - NATIONAL, CAMELBACK VENTURES, and VOA FUTURES FUND INC. More information on this organization’s funders is available to registered users.
What is the largest grant Community Finance Inc FKA Giving Credit Inc received in 2024?
The largest grant to Community Finance Inc FKA Giving Credit Inc in 2024 exceeds $100 thousand.
Overview
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