Overview

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Est.

2010

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Commonwealth Institute for is a Virginia-focused public finance nonprofit that uses policy, research, and analysis to advance the well-being of Virginia communities and improve the economic security and social opportunities of all Virginians. In fiscal year 2024, it reported an operating budget of $1.9M and total revenue of $2.3M, with major support from Center on Budget and Policy Priorities, HOPEWELL FUND, and MARY REYNOLDS BABCOCK FOUNDATION INCORPORATED.

Mission Statement

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.
Revenues
$2.3M
Expenses
$2.2M
Net Income:
+$123.2K
Assets
$4M
Liabilities
$87.6K
Net Assets:
+$3.9M
Operating Budget
$1.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
23
Median grant size
$60K
Largest grant received
$350K
S
Sharhonda Woods
Board Member
C
Cassandra Willis
Board Member
J
Jenny Sullivan
Board Member
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  • 34 funders
  • 30 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is The Commonwealth Institute for’s budget?
In 2024, The Commonwealth Institute for reported an annual operating budget of around $1.9 million. More detailed financial information is available to registered users.
What causes does The Commonwealth Institute for support?
The Commonwealth Institute for supports work in Public finance.
Where does The Commonwealth Institute for operate?
The Commonwealth Institute for is headquartered in Richmond, VA.
Who funded The Commonwealth Institute for recently?
In 2025, The Commonwealth Institute for received grants from GREATER WASHINGTON COMMUNITY FOUNDATION, TR U-W ROBERT M JEFFRESS-RES TR, and VOICES FOR VIRGINIA'S CHILDREN. More information on this organization’s funders is available to registered users.
What is the largest grant The Commonwealth Institute for received in 2024?
The largest grant to The Commonwealth Institute for in 2024 exceeds $350 thousand.