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 August 2024, National Church Residences of reported income of $429k and spending of $547k, spending 127% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income grew from $378k to $429k (+14%), an average of +2.6% a year. The sharpest change came in the year to August 2021, when income dropped by 19%. Over the whole period it spent 121% 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 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Old Spanish Missions Inc ($429k), Bethel Area Housing Inc ($429k) and St John Villas ($429k).
On its Form 990 for the period ending August 2024, revenue came from contributions and grants 33% and program service revenue 65% of the total. At year end it held assets of $1.8m against liabilities of $4.2m, net assets of -$2.3m.
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 33%
- Program services 65%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Old Spanish Missions Inc | San Antonio | $429k |
| Bethel Area Housing Inc | Oak Brook | $429k |
| St John Villas | Savannah | $429k |
| Cleveland Rowing Foundation | Cleveland | $429k |