Travel Everywhere Inc
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
Where the income comes from
- Contributions & grants 0.4%
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Jersey Scholars Program Inc | Lawrenceville | $160k |
| Blair Public Library Foundation | Blair | $160k |
| Out for Education | Houston | $160k |
| Flower Mound High School Theatrebooster Club | Flower Mound | $160k |