National Church Residences of
Analysis
National Church Residences of is a registered charity in United States, based in Columbus, OH. 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 June 2023, National Church Residences of reported income of $362k and spending of $368k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $343k to $362k (+5.5%), an average of +1.8% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 112% 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 of sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include Three Oaks Circle Inc ($362k), 2ndchanceproject ($362k) and Thanksgiving Homes ($362k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 36% of the total. At year end it held assets of $1.7m against liabilities of $3.1m, net assets of -$1.5m.
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.
Income and spending
Where the income comes from
- Contributions & grants 62%
- Program services 36%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Three Oaks Circle Inc | Waukesha | $362k |
| 2ndchanceproject | Saint Paul | $362k |
| Thanksgiving Homes | Corp Christi | $362k |
| Eben Ezer Lutheran Housing Center | Brush | $362k |