TG 110 Inc

Analysis

TG 110 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 110 Inc reported income of $1.0m and spending of $1.5m, spending 145% of what it took in. The sharpest change came in the year to June 2021, when income rose by 3424%. Over the whole period it spent 27% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, TG 110 Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Sandywoods Homes Inc ($1.0m), Tenth Memorial Nonprofit Development Corporation ($1.0m) and Telacu Senior Housing Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $26k (1.7% of expenses). Other salaries and wages came to $75k. At year end it held assets of $22.6m against liabilities of $5.3m, net assets of $17.3m.