#398 of 500 · Arts, Culture & Sport
Elderhostel Inc
Operates under the name Road Scholar, is a nonprofit organization based in Boston, Massachusetts, founded in 1975. It provides educational travel and lifelong learning programs primarily for older adults, offering thousands of learning adventures across the United States and around the world. Programs pair travel with expert-led instruction on topics such as history, culture, nature, and the arts, fostering learning, discovery, and community among participants who value education as a lifelong pursuit.
Open the interactive profileFinancials, fiscal 2024
- Revenue
- $383.7M
- Expenses
- $344.1M
- Total assets
- $300.0M
- Net assets
- $115.2M
- Operating margin
- 10.3%
- 1-year growth
- 11.2%
- 5-year growth (CAGR)
- 10.8%
- Reserve (years of spending)
- 4.0
- Contributions share
- 0.8%
- Programme spending
- 93.8%
- Fundraising cost
- 0.0%
- Executive pay share
- 1.03%
- Employees
- 544
- Revenue per employee
- $705K
- Grants paid
- n/a
- Years filing
- 46
NFP Health Score: 77 / 100
Financial 58 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.
Mission
Road Scholar inspires adults to learn, discover and travel, with learning adventures that engage expert instructors, provide extraordinary access, and stimulate discourse and friendship among people for whom learning is the journey of a lifetime.
Revenue history
| Year | Revenue |
|---|---|
| 2020 | $254.3M |
| 2021 | $25.8M |
| 2022 | $157.1M |
| 2023 | $344.9M |
| 2024 | $383.7M |