National Church Residences Mercedarian of Cleveland Oh

Analysis

National Church Residences Mercedarian of Cleveland Oh 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 Mercedarian of Cleveland Oh reported income of $377k and spending of $514k, spending 136% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $62k to $377k (+505%), an average of +82% a year. The sharpest change came in the year to December 2021, when income rose by 310%. Over the whole period it spent 155% 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 Mercedarian of Cleveland Oh sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Tacoma Rotary 8 Foundation ($377k), Greater Paradise Valley Community Assistance Team ($378k) and Prison Performing Arts ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. At year end it held assets of $4.8m against liabilities of $5.2m, net assets of -$415k.

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.