THE REDEEMED CHRISTIAN CHURCH OF GOD HOPE CENTRE
Provision of religious instruction, marriage support, family support, worship services
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outgoing of resources for the year, with total expenditure of £190,267 exceeding total incoming resources of £168,511. Despite this deficit, the charity holds unrestricted reserves of £613,033, which the trustees consider sufficient to maintain a buffer of 1-2 months' expenditure and continue as a going concern.
What the accounts disclose
“The trustees aim to maintain a current account buffer of 1-2 months expenditure.” — page 7
“During the year, trustees donated a total of £27,403 (2024 - £54,866) to the charity.” — page 19
“An association with RCCG Hope Centre Accommodation Service Community Interest Company. This company was created to provide short-term accommodation to individuals and couples in transition to more permanent housing.” — page 5
Trustees
- Babatunde Oyeniyan
- Michael John Askew
- Peter Yarr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £169k | £190k |
| 31/03/2024 | £143k | £157k |
| 31/03/2023 | £400k | £215k |
| 31/03/2022 | £467k | £79k |
| 31/03/2021 | £77k | £83k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD HOPE CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net outgoing of resources for the year, with total expenditure of £190,267 exceeding total incoming resources of £168,511. Despite this deficit, the charity holds unrestricted reserves of £613,033, which the trustees consider sufficient to maintain a buffer of 1-2 months' expenditure and continue as a going concern. Its FY2025 accounts were independently examined.
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- THE REDEEMED CHRISTIAN CHURCH OF GOD HOPE CHAPEL
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE REDEEMED CHRISTIAN CHURCH OF GOD HOPE CENTRE | £169k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD HOPE CHAPEL | £246k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE" | £150k | — | 0 | above | — | noted |
| REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') (INSPIRATION HOUSE) | £481k | Under £60,000 | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS ASSEMBLY | £249k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD CHRIST CHURCH CITY OF MERCY LIMITED | £133k | — | 0 | unclear | — | no doubt |