THE REDEEMED CHRISTIAN CHURCH OF GOD HOPE CHAPEL
Financial health, per its FY2024 accounts
The accounts state that the charity generated a total income of £268,410 and an operating surplus of £45,235 for the year ended 31 December 2024. Free/unrestricted reserves stood at £264,167, which the trustees note is above their desired policy target of 30-35% of gross income. The independent examiner confirmed that no matters came to their attention requiring further explanation.
What the accounts disclose
“working to achieve a desired level of funds of about 30-35% of the gross income.” — page 12
“During the year, the church made donations and contributions to other RCCG and charitable organisations as shown in note 3 under Central Office and Charitable Giving.” — page 20
Trustees
- Pastor Samuel Okodoachair
- Pastor Ayodele Ogunnubi
- Pastor Olalekan Kaffo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £246k | £208k |
| 31/12/2024 | £268k | £223k |
| 31/12/2023 | £245k | £202k |
| 31/12/2022 | £232k | £166k |
| 31/12/2021 | £200k | £135k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD HOPE CHAPEL financially healthy?
The accounts state that the charity generated a total income of £268,410 and an operating surplus of £45,235 for the year ended 31 December 2024. Free/unrestricted reserves stood at £264,167, which the trustees note is above their desired policy target of 30-35% of gross income. The independent examiner confirmed that no matters came to their attention requiring further explanation. Its FY2024 accounts were independently examined.
Charities like this
- THE REDEEMED CHRISTIAN CHURCH OF GOD HOPE CENTRE
- THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE"
- HOPE CHURCH TONBRIDGE
- THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK
- THE REDEEMED CHRISTIAN CHURCH OF GOD - PRAISE CONNECTIONS
- The Parochial Church Council of the Ecclesiastical Parish of Hope Church Islington