National Church Residences Foundation

Analysis

National Church Residences Foundation 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 Foundation reported income of $3.8m and spending of $16.8m, spending 436% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.6m to $3.8m (-55%), an average of -18% a year. The sharpest change came in the year to June 2022, when income rose by 216%. Over the whole period it spent 127% 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 Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Mercy Crest and Housing Inc ($3.8m), Up and Out Incorporated ($3.8m) and Skagit Gleaners ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $125.9m against liabilities of $2.8m, net assets of $123.1m.