Commonwealth Institute for Fiscal Analysis Logo

MIP Score

63

Societal Benefit
Financial Administration

Commonwealth Institute for Fiscal Analysis

Mission

The Commonwealth Institute for Fiscal Analysis (TCI) focuses on advocating for public policies that promote racial and economic justice in Virginia. TCI is dedicated to conducting fiscal and policy research that fosters a thriving community for all, especially the most marginalized groups within society.

Basic Information

Tax-Exempt

Address

1329 E Cary St, Ste 200, Richmond, Virginia, 23219

View all Richmond charities

Founded in

2010

EIN

27-1598303

Total Assets

$3.717 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Collective Agenda for Virginia’s Future

Collective Agenda for Virginia’s Future

An initiative aimed at fostering collaboration among communities to advocate for inclusive laws that benefit everyone in Virginia.

Decriminalizing Poverty

Decriminalizing Poverty

An effort to reform criminal justice policies to remove barriers faced by low-income populations.

Session 2024 Resources

Session 2024 Resources

Resources provided for the 2024 legislative session to ensure equitable treatment for marginalized communities.

Impact Stats

675,000

Individuals Covered

Medicaid Expansion

Secured access to health care for nearly 675,000 people with low incomes through Medicaid expansion.

$15

Minimum Wage

Minimum Wage Increase

Put Virginia on a path to a $15 an hour minimum wage.

Varied

Income Boost

Improved Earned Income Tax Credit

Provided an income boost to families with low incomes by improving Virginia's Earned Income Tax Credit.

Upcoming Events

TCI’s 2024 Policy Summit

TCI’s 2024 Policy Summit

2024-10-05

A summit to discuss policy initiatives aimed at enhancing community engagement and legislative reform.

Learn More

Our Programs

Policy Analysis

Conducts rigorous research and analysis to identify and address systemic inequalities and develop solutions for change.

Communications

Engages the public with clear and compelling information about fiscal policies and advocates for community-driven change.

Legislative Advocacy

Works with policymakers to ensure legislation reflects the voices and needs of marginalized communities.

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

63

52

/100

Program Expense Ratio

82.64%

14

/20

Program Revenue Growth

5.97K%

2

/20

Leverage Ratio

0.05665

20

/20

Working Capital Ratio

1.655

14

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants2.27M98.75%
Program Services8.804K0.38%
Investment Income20.01K0.87%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue2.299M100.00%