National Church Residences

Analysis

National Church Residences is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in May 1962, 64 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, National Church Residences reported income of $495k and spending of $419k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $448k to $495k (+10%), an average of +2.5% a year. 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, National Church Residences sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Booth Manor Inc ($494k), Wayne Densch Center Inc ($495k) and Palaemon Inc ($494k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 29% of the total. At year end it held assets of $1.3m against liabilities of $1.6m, net assets of -$250k.