TG 105 Inc

Analysis

TG 105 Inc is a registered charity in United States, based in San Antonio, TX. 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 December 2023, TG 105 Inc reported income of $93k and spending of $34k, leaving 63% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $60k to $93k (+53%), an average of +8.9% a year. The sharpest change came in the year to December 2022, when income rose by 458%. Over the whole period it spent 37% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, TG 105 Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Philadelphia Community Land Trust ($93k), Shelter Ministries Inc ($93k) and Light of Life Support Corporation ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 108% of the total. At year end it held assets of $1.5m against liabilities of $204k, net assets of $1.3m.