Destination & Travel Foundation

Analysis

Destination & Travel Foundation is a registered charity in United States, based in Sterling, VA. It received its IRS tax-exemption ruling in January 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Destination & Travel Foundation reported income of $1.3m and spending of $921k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Destination & Travel Foundation sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Old Colony Library Network Inc ($1.3m), Chicago Edge Soccer Club ($1.3m) and Challenge Alaska ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $2.2m against liabilities of $248k, net assets of $2.0m.