REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") CITY OF FAVOUR
Providing a place of christian worship and community centre, Sunday and Worship services,Youth Education and Development,Music Festivals,Annual Conference,Health and Wellbeing,Community Cohesion,Valentine Love Outreach.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £113,145.59 for the year ended 31 December 2024, with total income of £297,669.01 against expenditure of £184,523.24. Per the trustees' report, the present level of funding is adequate to support the continuation of the church objectives, and the charity continues to operate as a going concern.
What the accounts disclose
“the trustees deem it prudent to increase the free reserves to 3 month’s running cost to cover any unforeseen circumstances.”
Trustees
- MERCY ADENLEchair
- Dr ADEGBOYEGA OLADAPO IDOWU
- GODWIN PETER SABO
- OLAJUMOKE EYITAYO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £298k | £185k |
| 31/12/2023 | £282k | £208k |
| 31/12/2022 | £228k | £213k |
| 31/12/2021 | £217k | £191k |
| 31/12/2020 | £189k | £156k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") CITY OF FAVOUR financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £113,145.59 for the year ended 31 December 2024, with total income of £297,669.01 against expenditure of £184,523.24. Per the trustees' report, the present level of funding is adequate to support the continuation of the church objectives, and the charity continues to operate as a going concern. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 15/07/2020 | £10k | Coronavirus Community Support Fund |
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- THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE"
- REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') RENEWAL GROUND PARISH
- REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") THE SANCTUARY
- REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) FAITH CHAPEL
- THE REDEEMED CHRISTIAN CHURCH OF GOD - PRAISE CITY
- REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') (INSPIRATION HOUSE)
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") CITY OF FAVOUR | £298k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE" | £150k | — | 0 | above | — | noted |
| REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') RENEWAL GROUND PARISH | £109k | — | 0 | above | — | 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 |
| THE REDEEMED CHRISTIAN CHURCH OF GOD - PRAISE CITY | £108k | — | 0 | unclear | — | no doubt |