THE RECONCILIATION MINISTRIES
1. Provision of Weekly Church Services on Wednesday and Sunday to minister to the physical, spiritual and material needs of the congregants 2. Provision of Special Events and Meetings to meet the specific needs of target groups in the Church such asMen, Women, Youth and Children.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £245,245 in 2024, with unrestricted funds totaling £1,038,959. The trustees confirm the charity is solvent and has adequate resources to continue operating for the foreseeable future. Reserves are held at a level that meets the stated policy target of 3 to 6 months of expenditure.
What the accounts disclose
“No staff received salaries at a rate of more than £60,000 per annum.” — page 17
Property (HM Land Registry)
Trustees
- REVEREND WELLINGTON OLALEKAN ADEGUNWAchair
- AFOLABI FOLURUNSHO ERINLE
- EZEKIEL OYEKUNLE OYEDOKUN
- MATHIAS OGBETA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £403k | £158k |
| 31/12/2023 | £272k | £159k |
| 31/12/2022 | £221k | £128k |
| 31/12/2021 | £150k | £103k |
| 31/12/2020 | £158k | £83k |
Common questions
Is THE RECONCILIATION MINISTRIES financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a surplus of £245,245 in 2024, with unrestricted funds totaling £1,038,959. The trustees confirm the charity is solvent and has adequate resources to continue operating for the foreseeable future. Reserves are held at a level that meets the stated policy target of 3 to 6 months of expenditure. Its FY2024 accounts were independently examined.
What does the highest-paid employee of THE RECONCILIATION MINISTRIES earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHURCH REVITALISATION TRUST | 1 | £46k |
Charities like this
- RECONCILIATION TRUST (LEEDS)
- WORSHIP TABERNACLE MINISTRIES
- COMMAND PRAYER CENTRE MINISTRIES INTERNATIONAL
- THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK
- GENERAL ASSEMBLY OF OUR LORD JESUS CHRIST APOSTOLIC INC
- THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE"
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE RECONCILIATION MINISTRIES | £403k | Under £60,000 | 0 | unclear | — | no doubt |
| RECONCILIATION TRUST (LEEDS) | £124k | — | 0 | unclear | — | no doubt |
| WORSHIP TABERNACLE MINISTRIES | £1.8m | £120,001 - £130,000 | — | above | — | no doubt |
| COMMAND PRAYER CENTRE MINISTRIES INTERNATIONAL | £209k | — | 0 | unclear | — | noted |
| THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK | £153k | — | 0 | below | — | no doubt |
| GENERAL ASSEMBLY OF OUR LORD JESUS CHRIST APOSTOLIC INC | £137k | — | 0 | unclear | — | no doubt |