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. 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 $452k and spending of $510k, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $411k to $452k (+9.9%), an average of +3.2% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 118% 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 of sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Sarasota Pops Orchestra Inc ($452k), Rex Hagen Family Foundation Inc ($452k) and New Emergency Resource Agency Inc ($452k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 40% of the total. At year end it held assets of $2.0m against liabilities of $3.9m, net assets of -$1.9m.
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 58%
- Program services 40%
- Other 2.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sarasota Pops Orchestra Inc | Bradenton | $452k |
| Rex Hagen Family Foundation Inc | Ligonier | $452k |
| New Emergency Resource Agency Inc | Ponca City | $452k |
| Living Word Bible Camp | Grand Rapids | $452k |