FAITHINVEST
The Charity aims to improve the efficiency and effective use of resources for charitable purposes in particular by identifying and creating for faith and philanthropic groups investment opportunities which are aligned with their religious and philanthropic values, as well as promoting awareness of and information about such value-driven investments.
Financial health, per its FY2024 accounts
The accounts state that the charity recorded a net deficit of £117,541 for the year, drawing upon prior-year reserves to support operations during a transition period. Per the trustees' report, unrestricted reserves stood at £174,034, which represents approximately three months of operating expenditure, in line with their stated reserves policy. The charity notes that total income decreased significantly from the previous year following the conclusion of several restricted grant programmes.
What the accounts disclose
“This represents approximately three months of operating expenditure, in line with our reserves policy.” — page 21
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Amy Elizabeth Hagen
- David Henry Zellner
- Michael Even
- Shaunaka Rishi Das
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £526k | £644k |
| 31/12/2023 | £870k | £1.0m |
| 31/12/2022 | £1.6m | £1.4m |
| 31/12/2021 | £1.1m | £1.1m |
| 31/12/2020 | £1.8m | £922k |
Common questions
Is FAITHINVEST financially healthy?
Per its FY2024 accounts: The accounts state that the charity recorded a net deficit of £117,541 for the year, drawing upon prior-year reserves to support operations during a transition period. Per the trustees' report, unrestricted reserves stood at £174,034, which represents approximately three months of operating expenditure, in line with their stated reserves policy. The charity notes that total income decreased significantly from the previous year following the conclusion of several restricted grant programmes. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITIES ADMINISTERED IN CONNECTION WITH THE UNAFFILIATED CONGREGATIONAL CHURCHES | 1 | £3k |
Charities like this
- INCORPORATED CHURCH INSTITUTE, UPPER TOOTING
- THE SOCIETY OF THE FAITH (INCORPORATED)
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH DORE
- INVESTREAM CHARITABLE TRUST
- FAITH TRUTH & HOPE
- THE EVANGELICAL FELLOWSHIP OF CONGREGATIONAL CHURCHES TRUST CORPORATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FAITHINVEST | £526k | — | 0 | within | — | no doubt |
| INCORPORATED CHURCH INSTITUTE, UPPER TOOTING | £145k | — | 0 | unclear | — | no doubt |
| THE SOCIETY OF THE FAITH (INCORPORATED) | £201k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH DORE | £403k | — | 0 | above | — | no doubt |
| INVESTREAM CHARITABLE TRUST | £153k | — | 0 | above | — | no doubt |
| FAITH TRUTH & HOPE | £913k | — | 0 | unclear | — | noted |