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Travel Everywhere Inc

RegisteredEIN 86-2120472Cedar Rapids, IAEducation and training
Income$160k2023-12
Spending$158ksame year
Spent / received96%2-year average
Size in its cause50th pctEducation and training
Exempt since2023Publicly supported organisat
Employees–latest return

Analysis

Travel Everywhere Inc is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Travel Everywhere Inc reported income of $160k and spending of $158k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $141k to $160k (+14%), an average of +14% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Travel Everywhere Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IA. Charities of a similar size with the same main cause include New Jersey Scholars Program Inc ($160k), Blair Public Library Foundation ($160k) and Out for Education ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.

Income and spending

$0$40k$80k$120k$160k2022 Income: $140,8492022 Spending: $131,23920222023 Income: $160,4372023 Spending: $158,3942023
IncomeSpending

Where the income comes from

  • Contributions & grants 0.4%
  • Program services 100%

Similar-sized charities, same cause

CharityLocationIncome
New Jersey Scholars Program IncLawrenceville$160k
Blair Public Library FoundationBlair$160k
Out for EducationHouston$160k
Flower Mound High School Theatrebooster ClubFlower Mound$160k