National Church Residences Foundation
National Church Residences Foundation shows highly variable annual revenues and expenses, with no reported officer compensation.
EIN: 202308665 · Columbus, OH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $71.5M |
| Total Expenses | $16.8M |
| Program Spending | 85% |
| Net Assets | $123.1M |
| Transparency Score | 75/100 |
Is National Church Residences Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Church Residences Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Church Residences Foundation
National Church Residences Foundation (EIN: 202308665) is a nonprofit organization based in Columbus, OH. The organization reported total revenue of $71.5M and total assets of $122.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Church Residences Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Church Residences Foundation is a major nonprofit that has been operating for 64 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $16.8M |
| Surplus / Deficit | $-12,913,516 |
| Total Assets | $125.9M |
| Total Liabilities | $2.8M |
| Net Assets | $123.1M |
| Operating Margin | -336.2% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 90.2 months |
Financial Health Grade: B
In 2023, National Church Residences Foundation reported a deficit of $12.9M with expenses exceeding revenue, holds 90.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Church Residences Foundation's revenue has declined at a compound annual growth rate (CAGR) of -6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -88.6% | +26.2% | -3.6% |
| 2022 | +215.6% | -45.0% | +5.2% |
| 2021 | +105.9% | +53.1% | +2.7% |
| 2020 | -39.8% | +80.6% | -7.1% |
| 2019 | +9.8% | +242.6% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1962 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates National Church Residences Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, National Church Residences Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers are compensated directly through the foundation's reported officer compensation, which is a positive sign for financial stewardship.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of National Church Residences Foundation's IRS 990 filings:
- Highly inconsistent annual revenue and expense figures, making financial planning and stability assessment difficult.
- Significant annual deficits in multiple years (e.g., 202306, 202106, 202006) where expenses far exceeded revenue.
Strengths
The following positive indicators were identified for National Church Residences Foundation:
- Consistent reporting of 0% officer compensation, indicating strong financial transparency regarding executive pay.
- Substantial asset base ($122,255,147 latest, $125,930,068 in 202306) provides financial stability despite revenue fluctuations.
- Demonstrated ability to generate significant revenue in certain years (e.g., $33,586,508 in 202206).
Frequently Asked Questions about National Church Residences Foundation
Is National Church Residences Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, National Church Residences Foundation (EIN: 202308665) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does National Church Residences Foundation spend its money?
National Church Residences Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Church Residences Foundation tax-deductible?
National Church Residences Foundation is registered as a tax-exempt nonprofit (EIN: 202308665). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of National Church Residences Foundation's spending goes to programs?
National Church Residences Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is National Church Residences Foundation located?
National Church Residences Foundation is headquartered in Columbus, Ohio and files with the IRS under EIN 202308665.
How many years of IRS 990 filings does National Church Residences Foundation have?
National Church Residences Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $71.5M in total revenue.
What is the primary source of the National Church Residences Foundation's highly variable annual revenue?
The significant fluctuations in annual revenue, such as $3,840,773 in 202306 compared to $33,586,508 in 202206, suggest that the foundation may rely on large, infrequent grants, donations, or capital campaign contributions rather than consistent operational funding streams.
How does the foundation manage its significant annual deficits, such as the $12.9 million deficit in 202306?
The foundation's ability to sustain operations despite periods of significant deficits (e.g., expenses of $16,754,289 against revenue of $3,840,773 in 202306) likely relies on its substantial asset base, which was $125,930,068 in 202306, or other funding sources not immediately apparent in the annual revenue figures.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of how expenses are allocated between programs, administration, and fundraising, making it difficult to fully assess spending efficiency beyond the overall revenue and expense figures.
Filing History
IRS 990 filing history for National Church Residences Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Church Residences Foundation's revenue has declined by 55.1%, moving from $8.5M to $3.8M. Total assets increased by 159% over the same period, from $48.6M to $125.9M. Total functional expenses rose by 1342.1%, from $1.2M to $16.8M. In its most recent filing year (2023), National Church Residences Foundation reported a deficit of $12.9M, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $125.9M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $123.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $16.8M | $125.9M | $2.8M | — | View 990 |
| 2022 | $33.6M | $13.3M | $130.6M | $362K | — | View 990 |
| 2021 | $10.6M | $24.1M | $124.2M | $6.4M | — | View 990 |
| 2020 | $5.2M | $15.8M | $120.9M | $13.2M | — | View 990 |
| 2019 | $8.6M | $8.7M | $130.2M | $9.5M | — | View 990 |
| 2018 | $7.8M | $2.5M | $133.0M | $10.6M | — | View 990 |
| 2017 | $5.3M | $2.7M | $124.5M | $10.9M | — | View 990 |
| 2016 | $6.1M | $1.6M | $112.2M | $10.9M | — | View 990 |
| 2015 | $9.5M | $2.3M | $109.6M | $11.1M | — | View 990 |
| 2014 | $16.4M | $2.8M | $105.0M | $10.9M | — | View 990 |
| 2013 | $16.5M | $2.1M | $83.6M | $10.9M | — | View 990 |
| 2012 | $9.8M | $1.8M | $54.9M | $469K | — | View 990 |
| 2011 | $8.5M | $1.2M | $48.6M | $508K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $16.8M, and assets of $125.9M (revenue -88.6% year-over-year).
- 2022: Revenue of $33.6M, expenses of $13.3M, and assets of $130.6M (revenue +215.6% year-over-year).
- 2021: Revenue of $10.6M, expenses of $24.1M, and assets of $124.2M (revenue +105.9% year-over-year).
- 2020: Revenue of $5.2M, expenses of $15.8M, and assets of $120.9M (revenue -39.8% year-over-year).
- 2019: Revenue of $8.6M, expenses of $8.7M, and assets of $130.2M (revenue +9.8% year-over-year).
- 2018: Revenue of $7.8M, expenses of $2.5M, and assets of $133.0M (revenue +47.4% year-over-year).
- 2017: Revenue of $5.3M, expenses of $2.7M, and assets of $124.5M (revenue -12.5% year-over-year).
- 2016: Revenue of $6.1M, expenses of $1.6M, and assets of $112.2M (revenue -36.0% year-over-year).
- 2015: Revenue of $9.5M, expenses of $2.3M, and assets of $109.6M (revenue -42.2% year-over-year).
- 2014: Revenue of $16.4M, expenses of $2.8M, and assets of $105.0M (revenue -0.5% year-over-year).
- 2013: Revenue of $16.5M, expenses of $2.1M, and assets of $83.6M (revenue +67.7% year-over-year).
- 2012: Revenue of $9.8M, expenses of $1.8M, and assets of $54.9M (revenue +15.1% year-over-year).
- 2011: Revenue of $8.5M, expenses of $1.2M, and assets of $48.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Church Residences Foundation:
Data Sources and Methodology
This transparency report for National Church Residences Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.