MISSIONARIES OF SAINT FRANCIS DE SALES
The Missionaries of Saint Francis De Sales is a Roman Catholic religious congregation whose main work is to share the mission of the Roman Catholic Church, to be involved in parish renewal and education, in the spirit and model of St Francis de Sales.
Financial health, per its FY2024 accounts
The accounts state that free reserves of £1,270,386 are held, which the trustees consider to be in excess of their stated policy target of two to three years' expenditure. The charity reported a net increase in funds of £170,574 for the year, driven by voluntary income and significant gains on listed investments.
What the accounts disclose
“Of this amount £307,600 (2023 £197,350) relates to voluntary income and £111,998 (2023 - £101,158) relates to income earned on the charity’s investments.” — page 8
“The trustees consider that, given the nature of the charity’s work and the ongoing commitment to care for the members, a level of free reserves of at least two to three years’ expenditure is acceptable in order to provide for contingencies and unevenness in future outcome.” — page 8
Structured financials (annual return, FY ending 31/12/2021)
Register events
- Received assets from another charity (26/08/2022)
Trustees
- Rev Thomas Kulandaisamy MSFSchair
- Rev BENJAMIN SUNDER MARIYASUSAI MSFS
- Rev JOHN TERENCE MCGRATH
- Rev MariaSelvan Alexander MSFS
- Rev VIJAYASATYA PRASAD KASIREDDY MSFS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £420k | £328k |
| 31/12/2023 | £299k | £263k |
| 31/12/2022 | £338k | £255k |
| 31/12/2021 | £683k | £156k |
| 31/12/2020 | £141k | £171k |
Common questions
Is MISSIONARIES OF SAINT FRANCIS DE SALES financially healthy?
Per its FY2024 accounts: The accounts state that free reserves of £1,270,386 are held, which the trustees consider to be in excess of their stated policy target of two to three years' expenditure. The charity reported a net increase in funds of £170,574 for the year, driven by voluntary income and significant gains on listed investments. Its FY2024 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LITTLE WAY ASSOCIATION | 1 | £14k |
| CATHOLIC CHARITABLE TRUST | 1 | £3k |
| G M MORRISON CHARITABLE TRUST | 1 | £1k |
Charities like this
- THE FRANCISCAN MISSIONARIES OF ST. JOSEPH
- THE SOCIETY OF MARY (MARIST FATHERS) CIO
- CONGREGATION OF NOTRE DAME DE SION LIMITED
- SOCIETY OF SAINT FRANCIS CENTRAL FUND
- CHARITY FOR ST JOSEPH'S MISSIONARY SOCIETY (BRITISH REGION)
- HOLY GHOST MISSIONARY CONGREGATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MISSIONARIES OF SAINT FRANCIS DE SALES | £420k | — | 0 | above | — | no doubt |
| THE FRANCISCAN MISSIONARIES OF ST. JOSEPH | £1.2m | — | 0 | unclear | — | no doubt |
| THE SOCIETY OF MARY (MARIST FATHERS) CIO | £789k | — | 0 | within | — | no doubt |
| CONGREGATION OF NOTRE DAME DE SION LIMITED | £1.5m | — | 1 | unclear | — | no doubt |
| SOCIETY OF SAINT FRANCIS CENTRAL FUND | £155k | — | 0 | above | — | no doubt |
| CHARITY FOR ST JOSEPH'S MISSIONARY SOCIETY (BRITISH REGION) | £2.2m | — | 0 | unclear | — | no doubt |