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).

In the financial year ending March 2024, National Church Residences reported income of $1.2m and spending of $1.6m, spending 127% of what it took in. Across the 3 years on record, from March 2022 to March 2024, income grew from $243k to $1.2m (+414%), an average of +127% a year. The sharpest change came in the year to March 2023, when income rose by 376%. Over the whole period it spent 140% 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 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Franciscan Shelters ($1.2m), New Hope Volunteer Fire Department of Orange County Inc ($1.2m) and Virginia Public Access Project ($1.2m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 62% and program service revenue 36% of the total. At year end it held assets of $9.0m against liabilities of $10.1m, net assets of -$1.1m.

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.