COMMONWEALTH INSTITUTE FOR FISCAL ANALYSIS

RICHMOND, VA, 23219-4142 (804) 396-2051 Est. 2010 EIN 27-1598303
W22— Public & Societal Benefit Form 990 501(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
54
Total Giving
$1.1M
Recipients
39
Years Active
2018 - 2024
Avg grant: $36,452 Median: $22,250

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202412$206K $17K012
202330$442K $15K141
20223$89K $30K12
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
54

Grantee Size Profile

$1M - $5M
12
$5M - $10M
7
$500K - $1M
7
$100K - $500K
6
Under $100K
5
$10M - $50M
3

Top Grantees

VA - 2 grants
$113K
$100K
$75K
$75K
VA - 2 grants
$55K
and 15 more grantees

Grants Awarded · 49 grants

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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)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (7 filings)

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

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