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 August 2023, National Church Residences reported income of $344k and spending of $444k, spending 129% of what it took in. Across the 3 years on record, from August 2021 to August 2023, income grew from $6,629 to $344k (+5093%), an average of +621% a year. The sharpest change came in the year to August 2022, when income rose by 4583%. Over the whole period it spent 153% 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 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Richland Township Volunteer Fire Department of Alleghany County ($344k), Steele Creek Athletic Association Inc ($344k) and Fbi National Academy Associates Inc ($344k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 65% and program service revenue 29% of the total. At year end it held assets of $2.5m against liabilities of $2.8m, net assets of -$350k.

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.