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 August 2023, National Church Residences reported income of $1.5m and spending of $1.4m, spending 96% of its income. Across the 3 years on record, from August 2021 to August 2023, income grew from $16k to $1.5m (+9281%), an average of +868% a year. The sharpest change came in the year to August 2022, when income rose by 7630%. Over the whole period it spent 130% 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 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Mountain Laurel Montessori School Ltd ($1.5m), Easy Does It Inc ($1.5m) and Peach Association for the Intellectual Disabled Inc ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. At year end it held assets of $9.3m against liabilities of $10.1m, net assets of -$817k.