TG 101 Inc

Analysis

TG 101 Inc is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, TG 101 Inc reported income of $1.1m and spending of $1.1m, spending 105% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $951k to $1.1m (+12%), an average of +3.8% a year. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, TG 101 Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within AR. Charities of a similar size with the same main cause include S E M Laurels Inc ($1.1m), Shenandoah Fellowship Foundation ($1.1m) and LCHS Foundation Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $78k. At year end it held assets of $4.6m against liabilities of $3.6m, net assets of $1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.