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.
Public Charity
The Commonwealth Institute for
The Commonwealth Institute for is a Public Charity headquartered in Richmond, VA. Financial data from the 2024 filing: $2.3M revenue, $2.2M expenses, $4.0M total assets. 87 publicly reported grants to this organization, totaling roughly $7.7M, appear in IRS filings.
EIN: 271598303
Richmond, VA
Public Finance, Taxation & Monetary Policy
NTEE: W22
Latest filing: 2024
Total Revenue$2.3M
Total Expenses$2.2M
Total Assets$4.0M
Grant Records87
Funding Total$7.7M
Filing Years2020–2024
Where $100 goes at The Commonwealth Institute for
How The Commonwealth Institute for divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$83
Programs
the work itself
$8
Management
running the organization
$9
Fundraising
raising the next dollar
Inside the $83 for programs
$83
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
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
EDUCATIONAL RESEARCH
$100,000
GENERAL SUPPORT
$211,000
CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
$200,000
EDUCATIONAL RESEARCH
$125,000
HEALTH AND WELLNESS
$115,000
Showing up to 5 of 87 total records — full history available with membership.
Officers & Directors
President & CEO
Ashley Kenneth
Member
Bedelia Richards
Secretary
Cassandra Willis
Member
Donna Waddell
Member
Jenny Sullivan
Vice Chair
Judy Conti
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2.3M | $2.2M | $4.0M |
| 2023 | $2.2M | $2.1M | $3.9M |
| 2022 | $2.3M | $2.1M | $3.7M |
| 2021 | $3.0M | $1.8M | $3.5M |
| 2020 | $1.9M | $1.8M | $2.3M |
Between 2020 and 2024, reported annual revenue grew from $1.9M to $2.3M (+18%), with total assets most recently reported at $4.0M.
Interactive year-over-year charts and full filing details available with membership.