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 December 2023, National Church Residences reported income of $589k and spending of $649k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $511k to $589k (+15%), an average of +3.6% a year. Over the whole period it spent 108% 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 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Fairfields Volunteer Fire Department Incorporated ($589k), Friends of Valley Forge ($589k) and Central Market Trust ($589k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $2.1m against liabilities of $3.0m, net assets of -$840k.

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.