Overview
What is The Commonwealth Institute For Fiscal Analysis?
The Commonwealth Institute for Fiscal Analysis is a dedicated nonprofit organization located at 1329 E CARY STREET, Richmond, VA 23219. Their primary focus is on providing credible, independent, and accessible information and analysis on fiscal and economic issues, paying special attention to the impacts on low and moderate-income individuals. They achieve this through research, analysis, and education in various sectors such as budget and tax, labor and wage, healthcare, immigration, and decriminalization of poverty. Their mission is to employ policy, research, and analysis to enhance the well-being of Virginia communities and improve the economic security and social opportunities for all Virginians. The organization currently employs 20 individuals.
Official website here: www.thecommonwealthinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
The Commonwealth Institute For Fiscal Analysis has achieved a commendable 92% rating from Charity Navigator, which translates to a Four-Star rating. This high score highlights the organization’s strong commitment to accountability and finance, as evidenced by its perfect scores in various metrics such as independent board member composition and effective policies regarding conflict of interest and whistleblower protection.
The nonprofit demonstrates impressive financial health, with an 80.52% program expense ratio, indicating that a significant majority of its expenses are directed towards its programs rather than administrative costs. Additionally, its fundraising efficiency is notably high, with only $0.08 spent to raise each dollar, showcasing effective resource management.
No significant limitations were noted in the data, as the organization maintains a transparent approach with all governance policies documented and readily accessible. Overall, The Commonwealth Institute For Fiscal Analysis stands out as a fiscally responsible and well-managed nonprofit, making it a worthy consideration for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is The Commonwealth Institute For Fiscal Analysis legitimate?
The Commonwealth Institute For Fiscal Analysis is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Commonwealth Institute For Fiscal Analysis submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,282,852
For more financial information, click here
Official website here: www.thecommonwealthinstitute.org
What is the mission statement of The Commonwealth Institute For Fiscal Analysis?
The Commonwealth Institute for Fiscal Analysis uses policy, research, and analysis to enhance the well-being of Virginia communities. Their mission is to improve the economic security and social opportunities for all Virginians. The institution provides credible, independent, and accessible information and analysis on fiscal and economic issues, with a focus on the impacts on low and moderate income individuals. This is achieved through research, analysis, and education in areas such as budget and tax, labor and wage, healthcare, immigration, and decriminalization of poverty.
Official website here: www.thecommonwealthinstitute.org
Who is the CEO of The Commonwealth Institute For Fiscal Analysis?
Ashley Kenneth is the Chair of The Commonwealth Institute For Fiscal Analysis. The CEO's salary of The Commonwealth Institute For Fiscal Analysis is $154,670 and their total compensation is $154,670.
Official website here: www.thecommonwealthinstitute.org
What is the revenue of The Commonwealth Institute For Fiscal Analysis?
The Commonwealth Institute For Fiscal Analysis's revenue in 2022 was $2,298,835.
Official website here: www.thecommonwealthinstitute.org
Who are the executives of The Commonwealth Institute For Fiscal Analysis and what are their salaries?
The average compensation at The Commonwealth Institute For Fiscal Analysis during 2022 was $64,143. There are 20 employees and 8 volunteers at The Commonwealth Institute For Fiscal Analysis.
Here are 9 key members and their salaries (The Commonwealth Institute For Fiscal Analysis's CEO's salary is $154,670 and their total compensation is $154,670):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $154,670
- Related: $0
- Other: $0
- Compensation: $135,054
- Related: $0
- Other: $0
Official website here: www.thecommonwealthinstitute.org
Where can I find the form 990 for The Commonwealth Institute For Fiscal Analysis?
The Commonwealth Institute For Fiscal Analysis's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thecommonwealthinstitute.org
Learn more at the official website: www.thecommonwealthinstitute.org
Mission Statement of The Commonwealth Institute For Fiscal Analysis
The Commonwealth Institute for Fiscal Analysis is committed to utilizing policy, research, and analysis to enhance the well-being of Virginia communities and improve the economic security and social opportunities for all Virginians. By leveraging credible, independent, and accessible information and analysis on fiscal and economic issues, the organization pays special attention to the impacts on low and moderate income individuals. This is achieved through comprehensive research, analysis, and education in various areas such as budget and tax, labor and wage, healthcare, immigration, and decriminalization of poverty. By doing so, The Commonwealth Institute for Fiscal Analysis aims to contribute to informed policy decisions that benefit the broader Virginia community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Commonwealth Institute for Fiscal Analysis plays a vital role in enhancing the well-being of Virginia communities by providing credible, independent, and accessible information on fiscal and economic issues. Its research and analysis focus on budget and tax policies, labor and wage dynamics, healthcare access, and the intersection of immigration and poverty. By prioritizing the impacts on low and moderate-income individuals, the Institute ensures that the voices of marginalized communities are considered in policy discussions.
Through its educational efforts, the Institute equips policymakers, community leaders, and citizens with the knowledge needed to make informed decisions that promote economic security and social opportunities. This focus not only informs public discourse but also drives policy changes that can lead to a more equitable Virginia. The Commonwealth Institute's commitment to evidence-based analysis fosters a more inclusive approach to economic decision-making, ultimately benefiting all Virginians.
This information is meant to be a general summary of The Commonwealth Institute For Fiscal Analysis. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20,006
- Program Service Revenue: $8,804
- Gross Receipts: $2,298,835
Assets and Liabilities:
- Total Assets: $3,717,095
- Total Liabilities: $210,585
- Net Assets: $3,506,510
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HONORARIUM
Revenue
$8,804
Organization Details
Founding Year
2010
Phone
(804) 396-2051Principal Officer
Ashley Kenneth
Main Address
1329 E CARY STREET 200, RICHMOND, VA, 23219
NTEE Category
Code: W22 - Public benefit
If you are a representative of The Commonwealth Institute For Fiscal Analysis and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.