JOYCE MEYER MINISTRIES

Registered charity 1081586 · accounts filings on the Charity Commission register · also known as LIFE IN THE WORD

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Latest income
£1.4m
Latest spending
£1.5m
Registered
2000
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves fell to £280,281 at year-end 2024, which is below the stated policy target of three to six months of unrestricted expenditure. The charity reported a net movement in funds of -£118,199, driven by significant transfers to the US Hand of Hope appeal, resulting in a decrease in total funds from £398,480 to £280,281.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
Unrestricted funds were maintained at this level throughout the year. — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payment to affiliated US charity
£25,464 to Joyce Meyer Ministries Inc, a charity based in the USA (2023: £20,755). The above transactions took place on an arms length basis with the relevant Related Party's absence from the decision making process. — page 23
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by DUX Advisory Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.4m
Total spending
£1.5m
Reserves (reported)
£0
Employees
12

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£1.4m£1.5m
31/12/2023£1.4m£1.4m
31/12/2022£1.3m£1.2m
31/12/2021£1.8m£1.8m
31/12/2020£1.8m£1.8m

Common questions

Is JOYCE MEYER MINISTRIES financially healthy?

The accounts state that unrestricted reserves fell to £280,281 at year-end 2024, which is below the stated policy target of three to six months of unrestricted expenditure. The charity reported a net movement in funds of -£118,199, driven by significant transfers to the US Hand of Hope appeal, resulting in a decrease in total funds from £398,480 to £280,281. Its FY2024 accounts were audited by DUX Advisory Limited.