EIN 27-1598303

The Commonwealth Institute for Fiscal Analysis

IRS 501(c) type
501(c)(3)
Num. employees
20
Year formed
2010
Most recent tax filings
2022-12-01
Description
The Commonwealth Institute for Fiscal Analysis advances the well-being of Virginia communities and improves economic security and social opportunities of all Virginians through policy, research, and analysis. The Institute provides credible, independent, and accessible information on fiscal and economic issues with particular attention on the impacts of low and moderate-income persons. This is achieved through research, analysis, and education.
Total revenues
$2,298,835
2022
Total expenses
$2,118,840
2022
Total assets
$3,717,095
2022
Num. employees
20
2022

Program areas at The Commonwealth Institute for Fiscal Analysis

The Institute provides credible, independent, and accessible information and Analysis of Fiscal and economic issues with particular attention to The impacts of low and moderate income persons. This is achieved through research, Analysis, and education in The areas of budget & tax, labor & wage, health care, immigration and decriminalization of poverty.

Grants made by The Commonwealth Institute for Fiscal Analysis

GranteeGrant descriptionAmount
Virginia Poverty Law CenterPolicy, Research, and Analysis$48,000
Families Forward VirginiaBudget and Tax$25,000
Virginia Community VoiceStrategic Planning and Grassroots Organizing$15,585

Who funds The Commonwealth Institute for Fiscal Analysis

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Mary Reynolds Babcock FoundationGeneral Operating$300,000
Center on Budget and Policy PrioritiesPoverty To Opportunity Project$200,000
Wellspring Philanthropic FundSupport for Coordinated Activity$150,000
...and 23 more grants received totalling $1,835,705

Personnel at The Commonwealth Institute for Fiscal Analysis

NameTitleCompensation
Ashley KennethPresident and Chief Executive Officer$154,670
Leigh Anne CollinsSenior Vice President$135,054
Sharhonda WoodsChair$0
Elaine MaagVice Chair$0
Pierre GreenTreasurer$0
...and 4 more key personnel

Financials for The Commonwealth Institute for Fiscal Analysis

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,270,025
Program services$8,804
Investment income and dividends$20,006
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,298,835

Form 990s for The Commonwealth Institute for Fiscal Analysis

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-03990View PDF
2021-122022-05-13990View PDF
2020-122021-05-26990View PDF
2019-122020-10-05990View PDF
2018-122019-09-14990View PDF
...and 8 more Form 990s

Organizations like The Commonwealth Institute for Fiscal Analysis

OrganizationLocationRevenue
Think TennesseeNashville, TN$819,753
Mississippi Center for Public Policy (MCPP)Jackson, MS$763,373
Maine Policy InstitutePortland, ME$1,063,765
Oklahoma Council of Public Affairs (OCPA)Oklahoma City, OK$3,663,708
Alabama Arise (ACPP)Montgomery, AL$2,478,865
Opensky Policy InstituteLincoln, NE$1,109,497
The Volcker AllianceNew York, NY$5,262,215
The Center for MichiganYpsilanti, MI$7,693,331
Public Affairs Research Council ofBaton Rouge, LA$983,714
Grassroot Institute of HawaiiHonolulu, HI$1,753,378
Data update history
July 16, 2024
Received grants
Identified 20 new grant, including a grant for $300,000 from Mary Reynolds Babcock Foundation
December 24, 2023
Received grants
Identified 3 new grant, including a grant for $150,000 from Wellspring Philanthropic Fund
October 6, 2023
Updated personnel
Identified 1 new personnel
October 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 5, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Social advocacy organizationsPublic sector nonprofitsCharities
Issues
Public policy
Characteristics
Political advocacyLobbyingState / local levelTax deductible donationsAccepts online donations
General information
Address
1329 E Cary St 200
Richmond, VA 23219
Metro area
Richmond, VA
County
Richmond city, VA
Website URL
thecommonwealthinstitute.org/ 
Phone
(804) 396-2051
IRS details
EIN
27-1598303
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2010
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W20: Government and Public Administration
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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