Charity Accounts Intelreading the accounts so you don’t have to

DUNAMIS INTERNATIONAL GOSPEL CENTRE

Registered charity 1111328 · accounts filings on the Charity Commission register · also known as DESTINY HOUSE, DIGC · filing overdue (register status)

Latest income
£745k
Latest spending
£995k
Registered
2005
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported an operating deficit of £250,196 for the year ended 31 May 2024, resulting in a significant decrease in net assets from £308,928 to £60,382. The charity holds no restricted funds and relies entirely on unrestricted donations and grants, which increased by 49.2% to £745,217. Despite the deficit, the trustees have not identified any material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Structured financials (annual return, FY ending 31/05/2024)

Total income
£747k
Total spending
£995k
Reserves (reported)
£60k
Employees
1

Reported reserves equal ~0.7 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Benin · Birmingham City · Kent · Liberia · Milton Keynes · Nigeria · South Africa · Surrey · Throughout London · United States

Income and spending

Financial year endIncomeSpending
31/05/2025——
31/05/2024£745k£995k
31/05/2023£499k£384k
31/05/2022£273k£285k
31/05/2021£251k£164k

Common questions

Is DUNAMIS INTERNATIONAL GOSPEL CENTRE financially healthy?

The accounts state that the charity reported an operating deficit of £250,196 for the year ended 31 May 2024, resulting in a significant decrease in net assets from £308,928 to £60,382. The charity holds no restricted funds and relies entirely on unrestricted donations and grants, which increased by 49.2% to £745,217. Despite the deficit, the trustees have not identified any material uncertainties regarding the charity's ability to continue as a going concern.

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Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH CHELTENHAM.