National Church Residences

Analysis

National Church Residences is a registered charity in United States, based in Kenner, LA. It received its IRS tax-exemption ruling in January 1964, 62 years ago. The IRS classifies it as a church 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 $705k and spending of $777k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $603k to $705k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 106% 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 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within LA. Charities of a similar size with the same main cause include Montgomery Community College Foundation Inc ($705k), Wolf Mountain Conference Association ($705k) and PTA Texas Congress ($705k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 51% of the total. At year end it held assets of $3.2m against liabilities of $5.4m, net assets of -$2.2m.