GRACE AND LIGHT (UK)
Financial health, per its FY2024 accounts
The accounts state that the charity relies heavily on private donations and standing orders, with the trustees noting that the ability to continue work is dependent on donors' continued giving. The charity has no paid employees, with trustees sharing responsibilities and giving their time freely. The total funds increased significantly from £22,178 to £109,186, largely due to a new £95,000 endowment.
What the accounts disclose
“The ability of the wider Grace & Light movement to carry on its work is directly dependent on these donors’ continued giving and the raising of additional funds.” — page 3
Trustees
- Dr MARK THOMAS EUGENE HOPKINS
- EDMUND JAMES GREENING
- Fola Ogunyide
- Jo Ann Sweeney
- Olukayode Olatunbosun Rotowa
- Peter David Spencer King
- Rev Benjamin Adejumo Adetutu Joshua
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £124k | £37k |
| 31/12/2023 | £88k | £78k |
| 31/12/2022 | £62k | £62k |
| 31/12/2021 | £66k | £62k |
| 31/12/2020 | £41k | £61k |
Common questions
Is GRACE AND LIGHT (UK) financially healthy?
The accounts state that the charity relies heavily on private donations and standing orders, with the trustees noting that the ability to continue work is dependent on donors' continued giving. The charity has no paid employees, with trustees sharing responsibilities and giving their time freely. The total funds increased significantly from £22,178 to £109,186, largely due to a new £95,000 endowment. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MANOUKIAN CHARITABLE FOUNDATION | 1 | £57k |
| CHK Foundation | 1 | £15k |