COMMONWEALTH INSTITUTE FOR FISCAL ANALYSIS

RICHMOND, VA, 23219-4142 (804) 396-2051 Est. 2010 EIN 27-1598303
W22 - Public Finance, Taxation & Monetary Policy 990 - Public charity return 501(c)(3)
www.thecommonwealthinstitute.org

Mission

To use policy, research, and analysis to advance the well-being of Virginia communities, and improve the economic security and social opportunities of all Virginians.

Giving Portfolio

Total Grants
60
Total Giving
$1.2M
Recipients
45
Years Active
2018 - 2024
Avg grant: $35,985 Median: $19,896

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202417$306K $18K512
202330$442K $15K141
20224$104K $26K22
20211$88K $88K10
20204$208K $52K31
20184$71K $18K40

Sectors Funded

Human Services
14
Crime & Legal-Related
12
Community Improvement
7
Civil Rights & Advocacy
4
Mutual & Membership Benefit
3
Education
1

Top States

Virginia
59
Michigan
1

Grantee Size Profile

$1M - $5M
16
$5M - $10M
6
$100K - $500K
6
Under $100K
5
$10M - $50M
4
$500K - $1M
3

Top Grantees

Page 1 of 3
$113K
$100K
$75K
$75K
VA - 2 grants
$55K
Community 5050
VA
$35K

Grants Awarded · 55 grants

Looking for grants like these from other funders? Sign up free to search 16M+ grants.

Financials

Total Revenue
$2,284,570
Total Expenses
$2,161,338
Net Assets
$3,905,572
15 employees 7 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
21.7 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 1.7%
Expenses ↑ 2.5%
Revenue Sources
Contributions 99.7% Investment 0.3%
Expense Breakdown
Program 85.5% Management 5.2% Fundraising 9.3%

Officers & Trustees (10)

Individual compensation is available on Grow plans.

Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$2,284,570 ↓$2,161,338$3,905,572
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$2,357,980 ↑$2,163,668$3,748,167
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$2,246,254 ↓$2,107,951$3,703,884
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$2,298,835 ↓$2,118,840$3,506,510
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$2,951,328 ↑$1,801,446$3,418,876
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$1,936,799 ↑$1,761,674$2,232,469
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$1,753,580 $1,454,973$1,389,798

Find more like this.

Sign up free to search 16M+ grants and see similar organizations on every nonprofit profile.

Sign Up Free

No credit card required.

EIN: 27-1598303 · Source: IRS Form 990 e-file data