REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') (INSPIRATION HOUSE)
Advancement of the christian faith world wide.
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £1,164,027, which is below the previous year's figure of £1,137,927 but significantly higher than the stated monthly savings target. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis without noting any material uncertainties.
What the accounts disclose
“No employee received remuneration amounting to more the £60,000” — page 14
“The Trustees have adopted a policy to set aside £1,831.08 every month until further notice”
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- MR KENI OLADUJIchair
- CHARLES SYLVESTER-EMUKOWHATE
- EMMANUEL OLUBIYI AKINTOYE
- YETUNDE OLUREMI ADEPEGBA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £481k | £620k |
| 31/12/2023 | £557k | £431k |
| 31/12/2022 | £477k | £365k |
| 31/12/2021 | £561k | £391k |
| 31/12/2020 | £525k | £308k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') (INSPIRATION HOUSE) financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £1,164,027, which is below the previous year's figure of £1,137,927 but significantly higher than the stated monthly savings target. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis without noting any material uncertainties. Its FY2024 accounts were independently examined.
What does the highest-paid employee of REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') (INSPIRATION HOUSE) earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.
Charities like this
- REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') RENEWAL GROUND PARISH
- THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE"
- REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') ROYAL CONNECTIONS
- REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") THE SANCTUARY
- REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) FAITH CHAPEL
- THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF TRUTH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') (INSPIRATION HOUSE) | £481k | Under £60,000 | 0 | unclear | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') RENEWAL GROUND PARISH | £109k | — | 0 | above | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE" | £150k | — | 0 | above | — | noted |
| REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') ROYAL CONNECTIONS | £1.2m | £140,001 - £150,000 | — | below | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") THE SANCTUARY | £313k | — | 0 | unclear | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) FAITH CHAPEL | £183k | — | 0 | unclear | — | no doubt |