National Church Residences

Analysis

National Church Residences 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 reported income of $670k and spending of $685k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $498k to $670k (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 127% 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 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Rolf Benirschke Legacy Foundation ($670k), Highland Park Montessori School Inc ($670k) and Belmont Cooperative Nursery School Inc ($670k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $2.1m against liabilities of $1.7m, net assets of $425k.

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.