Travis Mills Foundation

Analysis

Travis Mills Foundation is a registered charity in United States, based in Mount Vernon, ME. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Travis Mills Foundation reported income of $8.2m and spending of $5.1m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $8.2m (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Travis Mills Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within ME. Charities of a similar size with the same main cause include Childrens Home of Stockton ($8.2m), Jewish Camp and Conference Service Inc ($8.2m) and Friends Health Care Association ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $280k (5.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $22.3m against liabilities of $204k, net assets of $22.1m. It reported 45 employees.