RCCG KINGDOM OF PRAISE AND THANKSGIVING HACKNEY
Christian Church Services and Seminars. Propagating Biblical Gospel through Evangelism. Feeding the homeless in our community
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased to £138,247 from £152,730 in the prior year, resulting in a net fund decrease of £14,483. The trustees report that systems are in place to mitigate major risks and confirm the accounts are prepared on a going concern basis. The charity's principal funding is provided mainly through voluntary giving of tithes and offerings.
What the accounts disclose
“This is provided mainly through voluntary giving of tithes and offerings by the church members and through gift aid scheme.” — page 6
“The trustees would like to work towards a situation whereby the charity could maintain unrestricted funds at a level which equates to approximately three months of unrestricted expenditure.” — page 6
Trustees
- PASTOR AKINTAYO AIYEGBUSIchair
- BAMIDELE JACKSON KOLAWOLE
- DEACON MICHAEL OLUFEMI BOLORUNDURO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £146k | £160k |
| 31/05/2024 | £156k | £155k |
| 31/05/2023 | £155k | £164k |
| 31/05/2022 | £93k | £140k |
| 31/05/2021 | £201k | £95k |
Common questions
Is RCCG KINGDOM OF PRAISE AND THANKSGIVING HACKNEY financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased to £138,247 from £152,730 in the prior year, resulting in a net fund decrease of £14,483. The trustees report that systems are in place to mitigate major risks and confirm the accounts are prepared on a going concern basis. The charity's principal funding is provided mainly through voluntary giving of tithes and offerings. Its FY2025 accounts were independently examined.
Charities like this
- REDEEMED CHRISTIAN CHURCH 0F GOD ("RCCG") AMAZING GRACE CHAPEL HULL
- THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF VICTORY
- HOUSE OF JUDAH (PRAISE) MINISTRIES (INTERNATIONAL)
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILEMON TOXTETH
- CITY PRAISE CENTRE CIO
- SOUTH HACKNEY PAROCHIAL CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RCCG KINGDOM OF PRAISE AND THANKSGIVING HACKNEY | £146k | — | 0 | unclear | — | no doubt |
| REDEEMED CHRISTIAN CHURCH 0F GOD ("RCCG") AMAZING GRACE CHAPEL HULL | £976k | — | 0 | above | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF VICTORY | £141k | — | 0 | unclear | — | no doubt |
| HOUSE OF JUDAH (PRAISE) MINISTRIES (INTERNATIONAL) | £108k | £35,300 | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILEMON TOXTETH | £173k | — | 0 | unclear | — | no doubt |
| CITY PRAISE CENTRE CIO | £763k | — | 0 | unclear | — | no doubt |