National Church Residences

Analysis

National Church Residences is a registered charity in United States, based in Gallatin, TN. 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 $459k and spending of $456k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $375k to $459k (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2022, when income rose by 132%. Over the whole period it spent 83% 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 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include La-Shai House Inc ($459k), Deyampert House Corporation ($460k) and Ahepa-Penelope 38 Apartments Inc ($458k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 50% of the total. At year end it held assets of $2.5m against liabilities of $3.2m, net assets of -$639k.