ELDERHOSTEL INC
PO BOX 56033, BOSTON, MA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $445,959,787 | $401,004,482 | $184,053,982 |
| FY2024 | $383,709,603 | $344,125,759 | $115,216,527 |
| FY2023 | $344,940,076 | $307,047,297 | $65,670,125 |
| FY2022 | $157,086,376 | $158,077,826 | $15,749,194 |
| FY2021 | $25,807,817 | $37,131,476 | $34,392,064 |
| FY2020 | $254,323,739 | $278,166,818 | $31,803,152 |
| FY2019 | $389,880,650 | $386,403,568 | $56,477,221 |
| FY2018 | $353,516,336 | $343,663,146 | $55,265,511 |
| FY2017 | $304,402,256 | $301,010,921 | $51,477,143 |
| FY2016 | $292,240,305 | $294,441,968 | $44,846,920 |
| FY2015 | $257,010,706 | $254,129,764 | $45,056,071 |
| FY2014 | $230,653,922 | $224,467,847 | $48,124,895 |
| FY2013 | $134,463,256 | $133,850,169 | $37,278,525 |
| FY2012 | $184,056,524 | $182,150,503 | $36,967,077 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $3,041,921 | 1% |
| Program service revenue | $419,817,237 | 99% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $371,130,213 | 93% |
| Management & general | $29,044,228 | 7% |
| Fundraising | $830,041 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2025.
- Program services accounted for 93% of functional expenses, management & general 7%, and fundraising 0%.
- 93% of functional expenses went to program services in FY2025. That is higher than 78.5% of 223 Recreation & Sports organizations nationwide (too few in MA for a state comparison).
- Net assets covered about 5.5 months of expenses at the end of the reporting year. That puts it in the 28th percentile among 1209 Recreation & Sports organizations in MA.
- Total revenue was higher than 100.1% of 1219 Recreation & Sports organizations in MA.
- Total revenue rose from $184,056,524 in FY2012 to $445,959,787 in FY2025, Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2016, FY2020, FY2021, FY2022).
- Net assets grew from $36,967,077 to $184,053,982 between FY2012 and FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
Elderhostel Inc., doing business as Road Scholar, sponsors, arranges or conducts educational programs around the world primarily for adults age 55 and older.
IRS status
| Ruling year | 1978 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | N500 — Recreation & Sports |
| Donations | Donations are generally tax-deductible (public charity). |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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