RIGPA FELLOWSHIP
To advance Buddhist religion
Objects
TO ADVANCE THE BUDDHIST RELIGION ACCORDING TO ALL THE SCHOOLS OF BUDDHISM AND IN PARTICULAR BUT WITHOUT PREJUDICE TO THE GENERALITY OF TH FOREGOING THE TRADITIONS OF THE NYINGMAPA SCHOOL OF TIBETAN BUDDHISM.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £50,241 for the year, resulting in a decrease in total funds from £648,835 to £598,594. The trustees' report notes that an accounting deficit was anticipated for 2024 and 2025, but the budget for 2026 is projected to be more sustainable. The charity holds unrestricted reserves of £405,676, which the trustees deem prudent and sufficient to safeguard the long-term security of the charity.
What the accounts disclose
“The Trustees' intention continues to be to hold reserves to cover a minimum of six months of operating costs, holding sufficient reserves to safeguard the long-term security and future of the charity” — page 8
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Daniel Amechi Nwume
- GREGORY MILLER BURNE
- Jonathan Hayward
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £149k | £199k |
| 31/12/2023 | £283k | £125k |
| 31/12/2022 | £98k | £82k |
| 31/12/2021 | £97k | £69k |
| 31/12/2020 | £118k | £127k |
Common questions
Is RIGPA FELLOWSHIP financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £50,241 for the year, resulting in a decrease in total funds from £648,835 to £598,594. The trustees' report notes that an accounting deficit was anticipated for 2024 and 2025, but the budget for 2026 is projected to be more sustainable. The charity holds unrestricted reserves of £405,676, which the trustees deem prudent and sufficient to safeguard the long-term security of the charity. Its FY2024 accounts were audited by Armstrong & Co.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ACHISOMOCH AID COMPANY LIMITED | 1 | £954k |
| THE BAPTIST UNION OF GREAT BRITAIN | 1 | £477k |
| HEICHAL HATORAH FOUNDATION | 1 | £355k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| THE ARCHBISHOPS' COUNCIL | 1 | £155k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, HARBORNE | 1 | £108k |
| CHASDEI YITZOK CHARITIES LIMITED | 1 | £74k |
| THE CHRISTOPHER & KIRSTY JOHNSTON CHARITABLE TRUST | 1 | £65k |
Charities like this
- THE BUDDHIST SOCIETY
- FRIENDS OF GALANTA
- YAD VEACHISOMOCH L'CHAIM
- THE FELLOWSHIP OF INDEPENDENT EVANGELICAL CHURCHES
- INTERNATIONAL NEPAL FELLOWSHIP
- CHURCHES TOGETHER IN ENGLAND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RIGPA FELLOWSHIP | £149k | — | 0 | unclear | — | no doubt |
| THE BUDDHIST SOCIETY | £309k | — | 0 | above | 19.2% | no doubt |
| FRIENDS OF GALANTA | £727k | — | 0 | unclear | — | no doubt |
| YAD VEACHISOMOCH L'CHAIM | £834k | — | 0 | unclear | — | no doubt |
| THE FELLOWSHIP OF INDEPENDENT EVANGELICAL CHURCHES | £1.7m | — | — | above | — | no doubt |
| INTERNATIONAL NEPAL FELLOWSHIP | £713k | — | 0 | unclear | — | no doubt |