MOUNTAIN OF FIRE AND MIRACLES MINISTRIES INTERNATIONAL
Propagate Christianity through Christian meetings, seminars, conventions, crusades; theological education; evangelical training; counselling, sponsoring of programmes for the relief of neglected, poor and the elderly; publications distributions of books, audio and video tapes.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £347,542 for the year ended 31 December 2024, with total income of £2.37 million. Unrestricted reserves stood at £5.87 million, which the trustees note is significantly higher than their policy target of six months of unrestricted expenditure. The trustees confirm adequate resources for going concern, despite noting that revenue has not yet returned to pre-pandemic levels.
What the accounts disclose
“In the band £70,001 - £80,000” — page 35
“The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately six months of unrestricted charitable expenditure.” — page 11
“The charity received interest free loan of £106,000 in previous years from the general overseer who was also a chair of the board of trustees until January 2021. The loan is repayable on demand and the balance outstanding at the year end was £106,000 (2023: £106,000).” — page 45
“The Charity Commission, the independent regulator of charities in England and Wales, opened a statutory inquiry into the Charity’s activities on the 27th of March 2018. This inquiry is being rounded up and the appointment of the Interim Manager was terminated during the year.” — page 9
Charity Commission inquiry
Regulator actions
inquiry report: Charity Commission inquiry into Mountain of Fire and Miracles Ministries International.
Leadership, per the charity’s website
- Dr DK Olukoya — General Overseer (GO)
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ABIODUN ADEKUNLE ADEWOLEchair
- Abiodun Adekunle Adewole
- Adebisi Olawuyi
- Ben Iyere
- CARMEN UWAILA IBIE
- Dr ABOSEDE ADESOLA ADEKOYA
- JOHN KOLAWOLE AKINNAWO
- PASTOR LAWRENCE OJI
- Titilope Adeleye
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.4m | £2.0m |
| 31/12/2023 | £2.7m | £2.2m |
| 31/12/2022 | £2.7m | £2.9m |
| 31/12/2021 | £3.1m | £2.6m |
| 31/12/2020 | £3.6m | £3.0m |
Common questions
Is MOUNTAIN OF FIRE AND MIRACLES MINISTRIES INTERNATIONAL financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £347,542 for the year ended 31 December 2024, with total income of £2.37 million. Unrestricted reserves stood at £5.87 million, which the trustees note is significantly higher than their policy target of six months of unrestricted expenditure. The trustees confirm adequate resources for going concern, despite noting that revenue has not yet returned to pre-pandemic levels. Its FY2024 accounts were audited by Accendo Consulting Ltd.
What does the highest-paid employee of MOUNTAIN OF FIRE AND MIRACLES MINISTRIES INTERNATIONAL earn?
Per its FY2024 accounts, the highest-paid employee was in the £70,001 - £80,000 band.
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- MOUNTAIN OF FIRE AND MIRACLES MINISTRIES SHALOM ASSEMBLY
- MOUNTAIN OF FIRE AND MIRACLES MINISTRIES GOSHEN ASSEMBLY
- FIRE OF GOD EVANGELICAL OUTREACH (FGEO)
- GLORY AND FIRE MINISTRIES INTERNATIONAL
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- GOVERNANCE MINISTRIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MOUNTAIN OF FIRE AND MIRACLES MINISTRIES INTERNATIONAL | £2.4m | £70,001 - £80,000 | — | above | — | no doubt |
| MOUNTAIN OF FIRE AND MIRACLES MINISTRIES SHALOM ASSEMBLY | £105k | — | 0 | unclear | — | no doubt |
| MOUNTAIN OF FIRE AND MIRACLES MINISTRIES GOSHEN ASSEMBLY | £136k | — | 0 | unclear | — | no doubt |
| FIRE OF GOD EVANGELICAL OUTREACH (FGEO) | £117k | — | 0 | unclear | — | no doubt |
| GLORY AND FIRE MINISTRIES INTERNATIONAL | £141k | — | 0 | below | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") MOUNT ZION | £229k | — | 0 | above | — | no doubt |