National Church Residences of Salem Oh

Analysis

National Church Residences of Salem 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 of Salem Oh reported income of $392k and spending of $436k, spending 111% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $595k to $392k (-34%), an average of -13% a year. The sharpest change came in the year to June 2022, when income dropped by 43%. Over the whole period it spent 82% 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 Salem Oh sits at the 65th 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 Steger Housing Development Fund Company Inc ($392k), St Joseph Safety and Health Council Inc ($392k) and San Juan Islands Shuttle System ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. At year end it held assets of $2.1m against liabilities of $1.8m, net assets of $310k.

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.