REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) LIVING FAITH CONNECTIONS
THE CHARITY OBJECTIVES ARE AS FOLLOWS: THE ADVANCEMENT OF THE CHRISTIAN FAITH WORLDWIDE. THIS IS ACHIEVED VIA A WILD RANGE OF EVENTS TO REACH THOSE OF THE CHRISTIAN FAITH AND THOSE WHO AT NOT YET OF THE CHRISTIAN FAITH
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a net deficit of £38,407, which is an improvement from the previous year's deficit of £41,940. The trustees acknowledge that the current level of unrestricted funds is below their stated reserves policy target and have plans to address this by cutting costs. Despite the financial deficit, the trustees confirm the charity is still trading.
What the accounts disclose
“One trustee was engaged as a pastor and paid £33,400 as stipend and allowance for the year ended 31 December 2024.” — page 11
“The trustees are fully aware that the current level of the unrestricted fund is below the required level.” — page 5
“One trustee was engaged as a pastor and paid £33,400 as stipend and allowance for the year ended 31 December 2024.” — page 11
Year-over-year changes
- Top pay band moved from £41,846 (FY2023) to £33,400 (FY2024).
Trustees
- OLADAYO ODUGBILEchair
- EMMANUEL ADEYEMI
- OLUTAYO OSADUGBA
- PASTOR CHRISTIAN TEMITOPE ADEOYE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £127k | £123k |
| 31/12/2023 | £135k | £126k |
| 31/12/2022 | £112k | £112k |
| 31/12/2021 | £117k | £124k |
| 31/12/2020 | £115k | £117k |
Common questions
Is REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) LIVING FAITH CONNECTIONS financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with a net deficit of £38,407, which is an improvement from the previous year's deficit of £41,940. The trustees acknowledge that the current level of unrestricted funds is below their stated reserves policy target and have plans to address this by cutting costs. Despite the financial deficit, the trustees confirm the charity is still trading. Its FY2024 accounts were independently examined.
What does the highest-paid employee of REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) LIVING FAITH CONNECTIONS earn?
Per its FY2024 accounts, the highest-paid employee was in the £33,400 band.
Charities like this
- REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS
- REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') ROYAL CONNECTIONS
- REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) LIBERTY CHRISTIAN CONNECTIONS
- REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") VICTORY CENTRE
- REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) FAITH CHAPEL
- THE REDEEMED CHRISTIAN CHURCH OF GOD - PRAISE CONNECTIONS
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) LIVING FAITH CONNECTIONS | £127k | £33,400 | 0 | below | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD - HOUSE OF FAITH CONNECTIONS | £248k | — | 0 | unclear | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') ROYAL CONNECTIONS | £1.2m | £140,001 - £150,000 | — | below | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) LIBERTY CHRISTIAN CONNECTIONS | £486k | — | 0 | unclear | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD ("RCCG") VICTORY CENTRE | £338k | — | — | unclear | — | noted |
| REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) FAITH CHAPEL | £183k | — | 0 | unclear | — | no doubt |