Travelers Aid Society of Philadelphia

Analysis

Travelers Aid Society of Philadelphia is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 1920, 106 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Travelers Aid Society of Philadelphia reported income of $4.8m and spending of $4.9m, spending 102% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $4.7m to $4.8m (+1.4%), an average of +0.3% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Travelers Aid Society of Philadelphia sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Mission Childcare Consortium Inc ($4.8m), National Black Child Development Institute Inc ($4.8m) and Central Oregon Collective ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $369k (7.5% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $3.2m against liabilities of $187k, net assets of $3.0m. It reported 62 employees.