National Church Residences Chillicothe Land Holdings Inc

Analysis

National Church Residences Chillicothe Land Holdings Inc 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 Chillicothe Land Holdings Inc reported income of $1.3m and spending of $1.4m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.3m (-48%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 104% 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 Chillicothe Land Holdings Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Roseland Senior Housing Corporation ($1.3m), Canton Montessori Association ($1.3m) and Mother Goose Incorporated ($1.3m).

At year end it held assets of $9.6m against liabilities of $14.4m, net assets of -$4.8m.

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.