Travelers Aid Society

Analysis

Travelers Aid Society is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in September 1942, 84 years ago. 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 reported income of $511k and spending of $499k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $463k to $511k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Travelers Aid Society sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within AL. Charities of a similar size with the same main cause include Power and Systems Training Inc ($511k), Wound Healing Society ($511k) and National Church Residences of ($511k).

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 $52k (10% of expenses). Other salaries and wages came to $95k. At year end it held assets of $361k against liabilities of $18k, net assets of $343k. It reported 4 employees.