T G 107 Inc

Analysis

T G 107 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, T G 107 Inc reported income of $791k and spending of $784k, spending 99% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $664k to $791k (+19%), an average of +3.6% a year. The sharpest change came in the year to December 2022, when income rose by 110%. 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, T G 107 Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Broward County Minority Builders Coalition Inc ($791k), Brothers of Mercy Housing Company Inc ($792k) and Access Anaheim Inc Carbon Creek Shores ($790k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 90% of the total. Other salaries and wages came to $101k. At year end it held assets of $1.9m against liabilities of $106k, net assets of $1.8m.