THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK
Running Sunday and Midweek church services, and seminars with proven ministers of faith to guide members in various aspect of Christian faith, Support for other charities and christian Event, Providing Overseas aid and famine relief, and Involving in economic and community development
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £29,155 for the year ended 31 December 2024, with total income of £152,921 and total expenditures of £123,765. Per the trustees' report, the current free reserves are below the stated policy target of covering 3 to 6 months of resources expended, although the charity maintains unrestricted funds of £305,611.
What the accounts disclose
“Funding has been provided mainly through tithes and offerings by church members and through gift aid.” — page 6
“The present free reserve is below the policy range, but the Trustees are continuing to seek additional unrestricted funds.” — page 6
“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 13
Register events
- Received assets from another charity (22/08/2023)
Trustees
- Olusayo Isolachair
- CHIOMA CHUKWU
- OLUSEGUN OMOTAYO
- OSAYAMEN EDOKPAYI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £153k | £124k |
| 31/12/2023 | £145k | £112k |
| 31/12/2022 | £143k | £119k |
| 31/12/2021 | £118k | £112k |
Common questions
Is THE REDEEMED CHRISTIAN CHURCH OF GOD PRAISE EMBASSY ETON WICK financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £29,155 for the year ended 31 December 2024, with total income of £152,921 and total expenditures of £123,765. Per the trustees' report, the current free reserves are below the stated policy target of covering 3 to 6 months of resources expended, although the charity maintains unrestricted funds of £305,611. 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 PRAISE EMBASSY ETON WICK | £153k | — | 0 | below | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE" | £150k | — | 0 | above | — | noted |
| THE REDEEMED CHRISTIAN CHURCH OF GOD JESUS ASSEMBLY | £249k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF TRUTH | £116k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD - GREAT GRACE ASSEMBLY | £266k | — | 0 | above | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD, CHRIST FOR LIFE | £143k | — | 0 | below | — | no doubt |