THE REDEEMED CHRISTIAN CHURCH OF GOD AMAZING GRACE TABERNACLE
The principal object is the advancement of Christian faith. To achieve its objective, the charity adopted the following strategies: conducting Sunday worship services, midweek bible study and prayer meetings; running seminars in the church with proven ministers of faith to guide members in the various aspects of Christian faith; and support for other charities and Christian events.
Objects
THE OBJECT OF THE TRUST WHICH IS FOR THE PUBLIC BENEFIT IS THE ADVANCEMENT OF THE CHRISTIAN FAITH WORLDWIDE IN ACCORDANCE WITH THE DOCTRINES SET OUT IN THE STATEMENT OF FAITH CONTAINED IN THE SCHEDULE.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £277,477 at the end of the year, up from £138,816 the previous year. The charity reported a net incoming resource of £78,661 against total incoming resources of £161,398. Cash balances stood at £211,168, with short-term liabilities of £6,520.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- ADEGBENGA SOLOMON ODUMERU
- OLUWAFEMI AJOKE OLUWASEMOWO
- PASTOR NATHANIEL A OGUNDIPE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £161k | £83k |
| 31/12/2023 | £149k | £69k |
| 31/12/2022 | £64k | £35k |
| 31/12/2021 | £22k | £16k |
| 31/12/2020 | £21k | £8k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD AMAZING GRACE TABERNACLE financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £277,477 at the end of the year, up from £138,816 the previous year. The charity reported a net incoming resource of £78,661 against total incoming resources of £161,398. Cash balances stood at £211,168, with short-term liabilities of £6,520. Its FY2024 accounts were independently examined.
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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 AMAZING GRACE TABERNACLE | £161k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD - GREAT GRACE ASSEMBLY | £266k | — | 0 | above | — | no doubt |
| CHRIST FAITH TABERNACLE INTERNATIONAL | £2.4m | — | 1 | above | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE" | £157k | — | 0 | unclear | — | noted |
| REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) GRACE ASSEMBLY | £103k | — | 0 | unclear | — | no doubt |
| REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') HIS GLORY TABERNACLE | £313k | — | 0 | unclear | — | no doubt |