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THANKSGIVING HOMES

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Public IRS 990 nonprofit record

THANKSGIVING HOMES

EIN 72-1544954 · Low-Income & Subsidized Rental Housing (L21)

What they do

THE MISSION of THANKSGIVING HOMES is to ASSIST ITS SPONSOR IN FINANCING, REFINANCING or PROVIDING PUBLIC FACILITIES.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $35.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders6 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

31.99%of revenue went to mission work35.1% of expenses · Program services
$104.74spent for every $100 of revenueSpending was higher than revenue this year.
59.19%of revenue went to management and office costs64.9% of expenses
$10.12in assets for every $1 spent this yearSome assets cannot be spent right away.
65.7%of its money came from giftsOther money may come from services or investments.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $24,589 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$596,539
Mission workProgram services$190,81431.99% of revenue35.1% of expenses
ManagementOffice and general costs$353,06359.19% of revenue64.9% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$52,6628.83% of revenueShown in gray on the chart
Total expenses$543,87791.17% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2023CurrentExpense mix: 35.1% mission · 64.9% management · 0.0% fundraisingTotal expenses: 91.17% of revenue
2022Expense mix: 36.2% mission · 63.8% management · 0.0% fundraisingTotal expenses: 108.06% of revenue
2021Expense mix: 48.9% mission · 51.1% management · 0.0% fundraisingTotal expenses: 127.78% of revenue
2020Expense mix: 24.9% mission · 75.1% management · 0.0% fundraisingTotal expenses: 71.26% of revenue
2019Expense mix: 32.8% mission · 67.2% management · 0.0% fundraisingTotal expenses: 70.25% of revenue
2018Expense mix: 41.9% mission · 58.1% management · 0.0% fundraisingTotal expenses: 770.11% of revenue
2017Expense mix: 26.1% mission · 73.9% management · 0.0% fundraisingRevenue comparison unavailable
2016Expense mix: 2.4% mission · 97.6% management · 0.0% fundraisingRevenue comparison unavailable

Money in and money out

Revenue$519,288
Expenses$543,877
Annual shortfall $24,589 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$190,814 · 35.1% of expenses
Management and office costs$353,063 · 64.9% of expenses
See all reported dollar amounts
Revenue$519,288
Expenses$543,877
Assets$5,506,064
Income$519,288
Contributions$340,999
Mission work (program services)$190,814
Management and general$353,063
Accounting fees$194
People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (6)

CATHY MEHNECHAIRPERSON

CHRISTINE BELINCOMMISSIONER

CURTIS CLARKVICE CHAIRPERSON

DR BRIAN TIETJECOMMISSIONER

GARY ALLSUPPRESIDENT/CEO

RICHARD BALLIRESIDENT COMMISSIONER

About this charity

Recognized since
January 2003
Location
3701 AYERS ST, CORP CHRISTI, TX 78415-4615
County
Nueces
In care of
% GARY ALLSUP
Primary officer
GARY ALLSUP, EXECUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
October 1, 2023
Return type
990
Tax preparer
NOVOGRADAC & COMPANY LLP
NTEE classification
Low-Income & Subsidized Rental Housing (L21)
IRS tax category
Low-Income & Subsidized Rental Housing

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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