Inclusiv Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MISSION OF INCLUSIV IS TO HELP LOW- AND MODERATE-INCOME PEOPLE AND COMMUNITIES ACHIEVE FINANCIAL INDEPENDENCE THROUGH CREDIT UNIONS.
- Income
- $1.9 billion
- Spending
- $15.0 million
- Spent on programs
- 90%
- Reserves
- 26 months of spending
- Largest source of income
- government grants, 99%
- Employees
- 53
- Volunteers
- 15
- Highest pay
- $388,191, president/ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 96% of charities in its peer group (public benefit, over $100m).
Reserves
35 of 35Spendable reserves would cover 26.0 months of spending.
Debt
20 of 20It owes 3% of what it owns.
Living within its means
15 of 15Income exceeded spending by 99% of income.
Income trend
15 of 15Income rose 15801% on the year before.
Spending floor
15 of 1590% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 12% of charities in its peer group (public benefit, over $100m).
Independent board
25 of 2515 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $1.1 million spent. INCLUSIV CAPITAL PROVIDES CAPITAL TO MEMBER CDCUS THROUGH UNINSURED SUBORDINATED DEBT LOANS AND INSURED NONMEMBER DEPOSITS.
- $4.3 million spent. INCLUSIV'S CENTER FOR RESILIENCY AND CLEAN ENERGY WAS CREATED IN 2019 TO TEACH AND SUPPORT COMMUNITY-BASED FINANCIAL INSTITUTIONS (CREDIT UNIONS, FINANCIAL COOPERATIVES, CDFI LOAN FUNDS, COMMUNITY BANKS, AND GREEN BANKS) LAUNCHING AND SCALING CLEAN ENERGY FINANCE INITIATIVES THAT ENABLE COMMUNITIES TO ACCESS AFFORDABLE CLEAN ENERGY SERVICES, REDUCE ENERGY BURDENS, CREATE GOOD JOBS, AND BUILD CLIMATE RESILIENCE AND DISASTER PREPAREDNESS. THE CENTER PROVIDES PRACTICAL, HANDS-ON TRAINING AND TECHNICAL ASSISTANCE FOR COMMUNITY LENDERS; TECHNOLOGY PLATFORMS AND FINANCIAL INSTRUMENTS THAT HELP TO SCALE COMMUNITY-BASED CLEAN ENERGY MARKETS; AND RESEARCH AND THOUGHT LEADERSHIP TO HELP IDENTIFY OPPORTUNITIES FOR INVESTMENT AND GROWTH OF THESE MARKETS.
- $965,635 spent. INCLUSIV OFFERS A VARIETY OF SUPPORT SERVICES TO ITS SMALL (UNDER $100 MILLION IN ASSETS) AND MDI DESIGNATED CREDIT UNION MEMBERS, WHICH SERVE PEOPLE AND COMMUNITIES TRADITIONALLY MARGINALIZED BY THE FINANCIAL MAINSTREAM. THROUGH OUR LEARNING CENTERS WE PROVIDE SPECIALIZED KNOW-HOW TO SUPPORT THESE VITAL INSTITUTIONS' GROWTH AND IMPACT. WE ALSO PROVIDE DATA ANALYTIC TOOLS, LIQUIDITY SOLUTIONS AND, WHEN FUNDING OPPORTUNITIES BECOME AVAILABLE, GRANT PROGRAMS TO SUPPORT UNDER-RESOURCED CREDIT UNIONS IN MAKING STRATEGIC INVESTMENTS THAT ENHANCE THEIR CAPACITY TO SERVE LOW-INCOME AND UNDERSERVED MEMBERS OF THEIR COMMUNITIES.
- $7.2 million spent. ACTIVITIES RELATED TO FURTHERING THE ORGANIZATION'S MISSION, INCLUDING FINANCIAL COUNSELING AND THE ADVANCEMENT OF FINANCIAL INCLUSION FOR MULTIPLE UNDERSERVED POPULATIONS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1977.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.