Delaware Community Reinvestment Action
LED FOR 25 YEARS BY AN IMMIGRANT, ASIAN-AMERICAN WOMAN OF COLOR, DCRAC UNDERSTANDS THE CHALLENGES FACING DELAWARE'S UNDERSERVED COMMUNITY, WHICH IS STATEWIDE, MULTILINGUAL, ECONOMICALLY DISENFRANCHISED AND LARGELY MINORITY. OUR PURPOSE IS TO ADDRESS BARRIERS TO THE RACIAL WEALTH DIVIDE THAT LEAVES AN AVERAGE AMERICAN FAMILY OF COLOR WITH ONLY 16 CENTS FOR EVERY DOLLAR OWNED BY THE AVERAGE WHITE FAMILY. FOR MANY IN THE NONPROFIT WORLD, THERE IS ONE ASPECT THAT FEELS PAINFULLY FAMILIAR: ECONOMIC CRISIS. IN OUR 37 YEARS, WE FACED THE S&L/GULF WAR CRISIS OF 1990, THE DOT.COM/911 CRISIS OF 2001, THE 2008 MARKET CRASH. EVERY ECONOMIC TSUNAMI HITS BLACK AND BROWN COMMUNITIES IN DISPROPORTIONATE AND DEVASTATING WAYS. PIVOTING AND ADJUSTING TO NEW REALITIES IS THEREFORE SECOND NATURE TO US. WE SERVE A COMMUNITY THAT CANNOT HARNESS AN ARRAY OF RESOURCES, CAPABILITIES, AND INSTITUTIONAL SUPPORTS TO MOVE UP THE ECONOMIC LADDER WITH EASE.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$2.3M
-8.8% YoY
Annual Giving
$510K
+385.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$510K
+385.7% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,284,739 | $2,504,428 | $2,405,248 |
| Revenue | $1,036,894 | $944,161 | $1,423,732 |
| Expenses | $1,261,935 | $844,286 | $1,133,277 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $54,065 | $27,739 | $19,211 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Delaware Community Reinvestment Action fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALBERT GRIFFITH | CHAIR | 1 | — |
| ERIC SMITH | VICE CHAIR | 1 | — |
| JOEL AMIN | DIRECTOR | 1 | — |
| DR AUDREY BLUME | DIRECTOR FROM 3/24 | 1 | — |
| ERIC EVANS | DIRECTOR FROM 3/24 | 1 | — |
| LILLIAN HARRISON | DIRECTOR | 1 | — |
| DARREN MOORE | DIRECTOR | 1 | — |
| LULY SANTOS | DIRECTOR | 1 | — |
| LISA SPELLMAN | DIRECTOR | 1 | — |
| VERNON VASSALO ESQ | DIRECTOR | 1 | — |
| RASHMI RANGAN | EXECUTIVE DIRECTOR | 40 | $116,781 |
| JACLYN QUINN | DEPUTY DIRECTOR | 40 | $113,877 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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