TG 301 Inc

Analysis

TG 301 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 301 Inc reported income of $312k and spending of $304k, spending 98% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $277k to $312k (+12%), an average of +2.4% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, TG 301 Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Home 2 Home Project ($311k), Wesley at Murray Inc ($312k) and Rainbow Horizons Inc ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. At year end it held assets of $988k against liabilities of $486k, net assets of $501k.