THE REDEEMED CHRISTIAN CHURCH OF GOD CORNERSTONE PARISH LOUGHBOROUGH
Our activities include- Providing a place of Christian worship and community centre- Alleviation and relief of poverty through its charitable activities- Providing pastoral care for the needy and vulnerable by providing access to advocacy, advice and information.
Financial health, per its FY2024 accounts
The accounts state that the charity generated an operating surplus of £98,225 for the year ended 31 December 2024, with total unrestricted funds of £165,133 carried forward. The trustees report that the charity is mainly dependent on volunteers and is working to establish a reserves policy to maintain a balance on unrestricted funds.
What the accounts disclose
“Donations and legacies 114,124”
Trustees
- PASTOR TAIWO ENOCH OLUGBENGAchair
- CHUKWUKA ECHEZONA DURU
- DR ADEBAYO OLUFEMI OLA
- MRS OLUFNMILOLA AJIBOLA
- Pastor Biodun Olaitan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £173k | £75k |
| 31/12/2023 | £90k | £23k |
| 31/12/2022 | £58k | £48k |
| 31/12/2021 | £43k | £32k |
| 31/12/2020 | £30k | £29k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD CORNERSTONE PARISH LOUGHBOROUGH financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated an operating surplus of £98,225 for the year ended 31 December 2024, with total unrestricted funds of £165,133 carried forward. The trustees report that the charity is mainly dependent on volunteers and is working to establish a reserves policy to maintain a balance on unrestricted funds. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 26/11/2024 | £20k | Community Kitchen |
Charities like this
- THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE"
- THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK
- THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS ASSEMBLY
- THE REDEEMED CHRISTIAN CHURCH OF GOD - WINNERS' WAY LOUGHTON
- THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) RABBONI PARISH
- THE REDEEMED CHRISTIAN CHURCH OF GOD - LIGHT HOUSE ASSEMBLY HACKNEY
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 CORNERSTONE PARISH LOUGHBOROUGH | £173k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE" | £150k | — | 0 | above | — | noted |
| THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK | £153k | — | 0 | below | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS ASSEMBLY | £249k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD - WINNERS' WAY LOUGHTON | £160k | — | 0 | unclear | — | noted |
| THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) RABBONI PARISH | £139k | — | 0 | unclear | — | no doubt |