CONGREGATION OF THE MISSION (THE VINCENTIAN FATHERS)
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves decreased to £4,580,583 from £5,004,424 in the prior year, resulting in a net expenditure of £423,841. The Trustees are satisfied that the total reserves of £4,944,641 are adequate to support the members and projects. The charity holds significant tangible fixed assets valued at £4,534,043, primarily properties used for ministry.
What the accounts disclose
“A donation to the Irish Region of the Congregation of the Mission amounted to £95,667 as compared with £815,940 in 2023.” — page 5
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- Rev PASCHAL SCALLONchair
- Rev Chinedu Enuh
- Rev Eugene Curran
- Rev Raymond Armstrong
- Rev Stephen Monaghan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £323k | £741k |
| 31/12/2023 | £594k | £1.3m |
| 31/12/2022 | £3.4m | £379k |
| 31/12/2021 | £340k | £332k |
| 31/12/2020 | £245k | £437k |
Common questions
Is CONGREGATION OF THE MISSION (THE VINCENTIAN FATHERS) financially healthy?
The accounts state that unrestricted reserves decreased to £4,580,583 from £5,004,424 in the prior year, resulting in a net expenditure of £423,841. The Trustees are satisfied that the total reserves of £4,944,641 are adequate to support the members and projects. The charity holds significant tangible fixed assets valued at £4,534,043, primarily properties used for ministry. Its FY2024 accounts were audited by BFCD.
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