National Church Residences

Analysis

National Church Residences is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in May 1962, 64 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2023, National Church Residences reported income of $864k and spending of $889k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $35k to $864k (+2351%), an average of +122% a year. The sharpest change came in the year to June 2021, when income rose by 3763%. Over the whole period it spent 22% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Church Residences sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Dickson Valley Ministries ($864k), Koloa Early School ($864k) and Reining Strength Therapeutic Horsemanship ($864k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 70% of the total. Other salaries and wages came to $77k. At year end it held assets of $9.7m against liabilities of $2.6m, net assets of $7.1m.