Homeless And Travelers Aid Society
Homeless And Travelers Aid Society shows consistent revenue growth and no reported officer compensation over the past decade.
EIN: 141482188 · Albany, NY · NTEE: P85 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $3.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $1.7M |
| Transparency Score | 92/100 |
Is Homeless And Travelers Aid Society Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Homeless And Travelers Aid Society directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Homeless And Travelers Aid Society
Homeless And Travelers Aid Society (EIN: 141482188) is a nonprofit organization based in Albany, NY, classified under NTEE code P85. The organization reported total revenue of $4.1M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Homeless And Travelers Aid Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Homeless And Travelers Aid Society is a mid-size nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $3.7M |
| Surplus / Deficit | +$197K |
| Total Assets | $2.1M |
| Total Liabilities | $404K |
| Net Assets | $1.7M |
| Operating Margin | 5.1% |
| Debt-to-Asset Ratio | 19.3% |
| Months of Reserves | 6.9 months |
Financial Health Grade: A
In 2023, Homeless And Travelers Aid Society reported a surplus of $197K with revenue exceeding expenses, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 19.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Homeless And Travelers Aid Society's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.3% | -0.7% | +7.6% |
| 2022 | -5.0% | -0.6% | +22.7% |
| 2021 | +26.5% | +26.0% | +9.7% |
| 2020 | +12.7% | +13.0% | +26.1% |
| 2019 | +7.2% | +2.1% | +14.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Homeless And Travelers Aid Society with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Homeless And Travelers Aid Society allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $197K, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is exceptional for an organization of this size with revenues exceeding $3 million annually. This indicates a strong commitment to directing all funds towards program services and operational needs rather than executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Homeless And Travelers Aid Society:
- Consistent revenue growth, increasing from $1.7M in 2014 to $3.8M in 2023.
- Strong financial health with assets more than doubling over the past decade.
- No reported officer compensation across all 13 filings, indicating high efficiency and mission focus.
- Consistently operates with a surplus, contributing to financial stability and asset growth.
- Low liabilities relative to assets, suggesting a healthy balance sheet.
Frequently Asked Questions about Homeless And Travelers Aid Society
Is Homeless And Travelers Aid Society a legitimate charity?
Homeless And Travelers Aid Society (EIN: 141482188) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.1M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Homeless And Travelers Aid Society spend its money?
Homeless And Travelers Aid Society directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Homeless And Travelers Aid Society tax-deductible?
Homeless And Travelers Aid Society is registered as a tax-exempt nonprofit (EIN: 141482188). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Homeless And Travelers Aid Society CEO make?
Homeless And Travelers Aid Society's highest-compensated officer earns $3 annually. The organization reported $4.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Homeless And Travelers Aid Society's spending goes to programs?
Homeless And Travelers Aid Society directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Homeless And Travelers Aid Society compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Homeless And Travelers Aid Society is above average for NTEE category P85 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Homeless And Travelers Aid Society located?
Homeless And Travelers Aid Society is headquartered in Albany, New York and files with the IRS under EIN 141482188. It is classified under NTEE code P85.
How many years of IRS 990 filings does Homeless And Travelers Aid Society have?
Homeless And Travelers Aid Society has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.1M in total revenue.
How does Homeless And Travelers Aid Society manage to operate without officer compensation?
The filings consistently report 0% officer compensation, which is unusual for an organization of this scale. This could indicate that executive leadership is compensated through other means (e.g., as regular employees not classified as 'officers' for compensation reporting, or through a related entity), or that leadership roles are filled by volunteers. Further investigation into their detailed compensation practices would be beneficial.
What is the organization's long-term strategy for asset growth?
The organization has shown consistent asset growth, from $763,117 in 2014 to $2,090,870 in 2023. This growth, coupled with consistent revenue surpluses, suggests a strategy of building reserves. Understanding the specific purpose of these growing assets (e.g., endowment, capital projects, operational reserves) would provide deeper insight into their long-term financial planning.
What is the breakdown of program services provided by the organization?
While the NTEE code P85 indicates 'Homeless Services', the 990 data alone does not detail the specific types of programs (e.g., shelters, food assistance, case management, transitional housing). A deeper dive into their program expenses would clarify how their funds are allocated across different services for the homeless and travelers.
Filing History
IRS 990 filing history for Homeless And Travelers Aid Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Homeless And Travelers Aid Society's revenue has grown by 165.8%, moving from $1.4M to $3.8M. Total assets increased by 406.2% over the same period, from $413K to $2.1M. Total functional expenses rose by 168.5%, from $1.4M to $3.7M. In its most recent filing year (2023), Homeless And Travelers Aid Society reported a surplus of $197K, with revenue exceeding expenses. The organization holds $404K in liabilities against $2.1M in assets (debt-to-asset ratio: 19.3%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $3.7M | $2.1M | $404K | — | View 990 |
| 2022 | $3.8M | $3.7M | $1.9M | $490K | — | View 990 |
| 2021 | $4.0M | $3.7M | $1.6M | $197K | — | — |
| 2020 | $3.1M | $2.9M | $1.4M | $321K | — | View 990 |
| 2019 | $2.8M | $2.6M | $1.1M | $222K | — | View 990 |
| 2018 | $2.6M | $2.5M | $1.0M | $263K | — | View 990 |
| 2017 | $2.4M | $2.3M | $906K | $257K | — | View 990 |
| 2016 | $1.9M | $1.9M | $814K | $268K | — | View 990 |
| 2015 | $1.7M | $1.7M | $759K | $249K | — | View 990 |
| 2014 | $1.7M | $1.6M | $763K | $255K | — | View 990 |
| 2013 | $1.5M | $1.4M | $673K | $269K | — | View 990 |
| 2012 | $1.2M | $1.1M | $516K | $211K | — | View 990 |
| 2011 | $1.4M | $1.4M | $413K | $218K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $3.7M, and assets of $2.1M (revenue +2.3% year-over-year).
- 2022: Revenue of $3.8M, expenses of $3.7M, and assets of $1.9M (revenue -5.0% year-over-year).
- 2021: Revenue of $4.0M, expenses of $3.7M, and assets of $1.6M (revenue +26.5% year-over-year).
- 2020: Revenue of $3.1M, expenses of $2.9M, and assets of $1.4M (revenue +12.7% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.6M, and assets of $1.1M (revenue +7.2% year-over-year).
- 2018: Revenue of $2.6M, expenses of $2.5M, and assets of $1.0M (revenue +8.6% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.3M, and assets of $906K (revenue +22.5% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.9M, and assets of $814K (revenue +11.6% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $759K (revenue +1.7% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.6M, and assets of $763K (revenue +13.9% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.4M, and assets of $673K (revenue +21.0% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.1M, and assets of $516K (revenue -14.2% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.4M, and assets of $413K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Homeless And Travelers Aid Society:
Data Sources and Methodology
This transparency report for Homeless And Travelers Aid Society is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.