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), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, National Church Residences reported income of $376k and spending of $504k, spending 134% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $276k to $376k (+36%), an average of +8.1% a year. The sharpest change came in the year to March 2021, when income rose by 25%. Over the whole period it spent 138% 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 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include PTA Colorado Congress ($376k), Casa de Amigos VII Inc ($376k) and Langlade County Fair Inc ($376k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $4.0m against liabilities of $5.2m, net assets of -$1.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.