The Travelers Foundation

Analysis

The Travelers Foundation is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Travelers Foundation reported income of $324k and spending of $122k, leaving 62% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $255k to $324k (+27%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 458%. Over the whole period it spent 33% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Travelers Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Volunteer Alexandria Inc ($324k), Shepherds Home Foundation Inc ($325k) and Petty Family Foundation Inc ($324k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $39k (32% of expenses). At year end it held assets of $524k against liabilities of $0, net assets of $524k. It reported 3 employees.