Travelers Aid International Inc

Analysis

Travelers Aid International Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Travelers Aid International Inc reported income of $3.3m and spending of $3.1m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $3.3m (+76%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 58%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Travelers Aid International Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 74th percentile within DC. Charities of a similar size with the same main cause include Senior Center Resources and Public Transit Inc ($3.3m), Hatch Inc ($3.3m) and New Dimensions Foster Family Agency Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $141k (4.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $1.3m against liabilities of $305k, net assets of $963k. It reported 61 employees.