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 · View filing
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
About Delaware Community Reinvestment Action
Based on IRS filings
Delaware Community Reinvestment Action is a nonprofit organization focused on Community Improvement & Capacity Building, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 1 grants totaling $510K. Net investment income was $54K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
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
Among its reported 2024 grants, the largest include Stepping Stones Community Federal Credit Union ($510,000).
| Recipient | Purpose | Amount |
|---|---|---|
| STEPPING STONES COMMUNITY FEDERAL CREDIT UNION WILMINGTON, DE | STEPPING STONES COMMUNITY FEDERAL CREDIT UNION WAS ENVISIONED, CREATED, SPONSORED AND OPERATED BY DCRAC. ALTHOUGH A SEPARATE LEGAL ENTITY, STEPPING STONES SERVES THE LOW-INCOME COMMUNITY IN CONSONANCE WITH AND COMPLEMENTING THE DCRAC MISSION. | $510,000 |
Leadership & 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 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Delaware Community Reinvestment Action?
Delaware Community Reinvestment Action is a nonprofit organization focused on Community Improvement & Capacity Building, based in WILMINGTON, DE. It holds $2.3M in total assets as of 2024.
How large is Delaware Community Reinvestment Action?
As of 2024, Delaware Community Reinvestment Action holds $2.3M in total assets with $1.0M in annual revenue. It awarded 1 grants totaling $510K in 2024.
Where does Delaware Community Reinvestment Action operate?
Delaware Community Reinvestment Action has awarded grants in Delaware.
What size grants does Delaware Community Reinvestment Action award?
In 2024, Delaware Community Reinvestment Action awarded 1 grants totaling $510K — an average of about $510K per grant, based on its IRS Form 990 filings.
What is Delaware Community Reinvestment Action's EIN?
Delaware Community Reinvestment Action's EIN (Employer Identification Number) is 51-0329119. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Delaware Community Reinvestment Action's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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