RAINBOW TRUST AFRICA
Based in Livingstone, Zambia, R.T.A. provides high quality education for over 500 children, 33% of whom are sponsored, at King's Pre-School & Primary School; medical services from Mwenda Medical Centre to 5 remote locations on a twice weekly basis; assistance for destitute grannies & their orphaned grandchildren; food aid as required; and the establishment & support of village church communities.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £22,155 for the year, resulting in a decrease in total funds from £391,857 to £369,702. The trustees consider the unrestricted reserves of £310,945 to be sufficient to meet future calls on the charity. The filing confirms that resources are adequate and notes no material uncertainties regarding going concern.
What the accounts disclose
“In total the charity's gross income decreased from £188,648 to £173,581. The charity's main source of income are in the form of donations received and Git Aid reclaimed together with the income generated in Zambia.” — page 4
“The level of reserves held in unrestricted funds at 31 December 2024 amounted to £310,945 (2023: £327,844) which is considered sufficient to ensure that future calls upon he charity can be met.” — page 5
“During the year £7,400 (2023: £6,150) of donations were received without conditions from trustees.” — page 17
Trustees
- MR ANDREW EAGLEchair
- DENNIS RAYMOND BURTON
- Jonathan Watts
- TIMOTHY JOHN EAGLE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £174k | £196k |
| 31/12/2023 | £189k | £238k |
| 31/12/2022 | £191k | £289k |
| 31/12/2021 | £164k | £179k |
| 31/12/2020 | £408k | £216k |
Common questions
Is RAINBOW TRUST AFRICA financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £22,155 for the year, resulting in a decrease in total funds from £391,857 to £369,702. The trustees consider the unrestricted reserves of £310,945 to be sufficient to meet future calls on the charity. The filing confirms that resources are adequate and notes no material uncertainties regarding going concern. Its FY2024 accounts were independently examined.
Who funds RAINBOW TRUST AFRICA?
Funders whose own accounts filings name RAINBOW TRUST AFRICA as a grant recipient include COVENANT LIFE CHURCH LEICESTER, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS LIGHTWATER.
Shared trustees with funders
- DENNIS RAYMOND BURTON — trustee here and at COVENANT LIFE CHURCH LEICESTER
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| COVENANT LIFE CHURCH LEICESTER | FY2024 | £2k | Zambian Grannies |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS LIGHTWATER | FY2024 | £2k | |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS LIGHTWATER | FY2023 | £1k | Mission Giving |
| COVENANT LIFE CHURCH LEICESTER | FY2025 | £725 | Restricted fund expenditure |
| COVENANT LIFE CHURCH LEICESTER | FY2025 | £257 | Restricted fund expenditure |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ARDWICK TRUST | 2 | £400 |
| THE KENTOWN WIZARD FOUNDATION | 1 | £6.6m |
| THE CHRIS BANTON FOUNDATION | 1 | £1.5m |
| THE CHARIS TRUST | 1 | £1.3m |
| ONE FOOTSTEP | 1 | £127k |
| The Aurelia Foundation | 1 | £110k |
| Mercer Family Charitable Foundation | 1 | £100k |
| THE BROWN SOURCE TRUST | 1 | £96k |
Charities like this
- COPE CHILDRENS TRUST
- THE CHARITABLE TRUST FOR THE TONGABEZI TRUST SCHOOL
- RAINBOWS4CHILDREN (UK) TRUST
- GARDEN ROUTE CHILDREN'S TRUST
- AFRICA MISSIONS ENGLD
- RESCUE AID TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RAINBOW TRUST AFRICA | £174k | — | 0 | above | — | no doubt |
| COPE CHILDRENS TRUST | £10.6m | — | — | unclear | 33.1% | no doubt |
| THE CHARITABLE TRUST FOR THE TONGABEZI TRUST SCHOOL | £345k | — | 0 | unclear | 3.0% | no doubt |
| RAINBOWS4CHILDREN (UK) TRUST | £120k | — | 0 | unclear | — | noted |
| GARDEN ROUTE CHILDREN'S TRUST | £113k | — | 0 | unclear | — | no doubt |
| AFRICA MISSIONS ENGLD | £123k | — | 0 | unclear | — | no doubt |