The Traveling School

Analysis

The Traveling School is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Traveling School reported income of $996k and spending of $1.1m, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.0m to $996k (-1.9%), an average of -0.5% a year. The sharpest change came in the year to June 2024, when income rose by 106%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Traveling School sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within MT. Charities of a similar size with the same main cause include Chance Academy ($996k), American Friends of Big Change Inc ($996k) and Islamic School of Rhode Island Inc ($996k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $93k (8.3% of expenses). Other salaries and wages came to $397k. At year end it held assets of $434k against liabilities of $284k, net assets of $150k. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.