First Community Capital Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
First Community Capital, Inc. (FCCI) is a certified Community Development Financial Institution (CDFI) dedicated to expanding access to affordable capital and technical assistance for small businesses and individuals, with a focus on low- and moderate-income communities across Southern California.
- Income
- $1.1 million
- Spending
- $514,509
- Spent on programs
- 76%
- Reserves
- 23.4 months of spending
- Largest source of income
- government grants, 72%
- Employees
- 5
- Volunteers
- 25
- Highest pay
- $124,800, president & ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 62% of charities in its peer group (employment, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 23.4 months of spending.
Debt
5 of 20It owes 51% of what it owns.
Living within its means
15 of 15Income exceeded spending by 53% of income.
Income trend
15 of 15Income rose 124% on the year before.
Spending floor
15 of 1576% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 70 out of 100. Higher than 17% of charities in its peer group (employment, $1m to $10m).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave 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
0 of 15Its accounts were not audited or reviewed 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 June 30, 2025, 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 (1)
- $388,892 spent. Impact at a Glance (FY 2025) 140 Total Loans Deployed 462 Clients Supported Through Technical Assistance 86 Jobs Created or Retained 83% of clients are low-income, and 95% are considered low- to moderate-incomeExpanding Access to Capital FCCI provides responsible and flexible financing solutions, including microloans, small business loans, startup loans, and small-dollar consumer loans. These offerings help clients launch, stabilize, and grow their businesses while improving overall financial stability. Comprehensive Technical Assistance FCCI pairs capital with practical, results-driven coaching to support long-term success. Services include business planning and strategy, credit education and financial literacy, digital marketing, and capital readiness support. In FY 2025, FCCI served 462 clients through technical assistance.Driving Economic Growth FCCI strengthens local economies by supporting small business development, facilitating job creation and retention, and expanding access to responsible financial products. Growing Impact Over Time FCCI continues to demonstrate steady growth through increased lending activity, expanded technical assistance reach, and strong outcomes in job creation and business support. Looking Ahead FCCI is focused on expanding lending capacity, scaling technical assistance programs, strengthening partnerships, and advancing community-focused economic development initiatives.
Source: Form 990 for the year ending June 30, 2025, 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 October 13, 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 October 13, 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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 21, 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.