THE CONGREGATION OF THE PASSION OF JESUS CHRIST
Financial health, per its FY2024 accounts
The accounts state that total income decreased significantly to £204,784 from £408,338 in the prior year, while charitable and support expenditure remained high at £1,473,053. Although the charity reported a net movement in funds of approximately £1.06 million, this was largely offset by investment gains of £211,599, and the trustees note that current expenditure levels are not sustainable in the immediate to longer term without a new financial strategy.
What the accounts disclose
“During 2024 grants of £394,000 (2023: £279,000) were awarded to Minsteracres Retreat Centre. In addition, the Minsteracres property is leased to the Minsteracres Retreat Centre at a peppercorn rent. One of the former trustees of the charity was also a trustee of Minsteracres Retreat Centre (Charity: 1144385) during 2022 and 2023. One charity trustee is currently a trustee of the Guiseppe Conlon House CIO (Charity: 1205029) which supports the London Catholic Worker – a Passionist Partner charity.” — page 28
Structured financials (annual return, FY ending 31/12/2022)
Trustees
- REV Martin Newell CP
- Rev Gareth Thomas
- Rev John Friel
- Rev Martin Coffey
- Rev Tom Scanlon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £205k | £1.5m |
| 31/12/2023 | £408k | £1.4m |
| 31/12/2022 | £590k | £1.5m |
| 31/12/2021 | £294k | £1.3m |
| 31/12/2020 | £353k | £1.7m |
Common questions
Is THE CONGREGATION OF THE PASSION OF JESUS CHRIST financially healthy?
The accounts state that total income decreased significantly to £204,784 from £408,338 in the prior year, while charitable and support expenditure remained high at £1,473,053. Although the charity reported a net movement in funds of approximately £1.06 million, this was largely offset by investment gains of £211,599, and the trustees note that current expenditure levels are not sustainable in the immediate to longer term without a new financial strategy. Its FY2024 accounts were audited by TNCA Ltd T/a Nugent Chartered Accountants.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SISTERS OF THE CROSS AND PASSION | 1 | £9.8m |
| SANTANDER UK FOUNDATION LIMITED | 1 | £41k |
| THE FYRISH FOUNDATION | 1 | £10k |