Grace Communion International
To spread the Good News of Jesus Christ - this is done by holding services open to the public throughout the UK and Ireland, putting on conferences, providing resources online such as a daily devotional and the running of a two week youth summer camp with a variety of outdoor activities.
Financial health, per its FY2024 accounts
The accounts state that the charity remains in good financial health with significant unrestricted reserves of £2,061,243, which are significantly above the stated policy target of six months' operating expenses (£232,500). However, the charity reported a net expenditure for the year, noting that income was significantly below expenditure due to liturgical changes affecting attendance.
What the accounts disclose
“The Board of Trustees has established that the level of reserves in cash or cash equivalent should be at least six months’ operating expenses (for 2024 this was determined to be £232,500)” — page 12
“During the year ended 31 December 2024, expenses totalling £124 were reimbursed or paid directly to 1 Trustee in respect of travel and subsistence” — page 34
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- James Lambuchair
- Hilary Buck
- James Joseph Casey
- James Mc Ivor
- Maureen Unita Watson
- Raymond John Walker
- Simon Peter Williams
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £454k | £659k |
| 31/12/2023 | £552k | £871k |
| 31/12/2022 | £587k | £854k |
| 31/12/2021 | £633k | £745k |
| 31/12/2020 | £635k | £413k |
Common questions
Is Grace Communion International financially healthy?
Per its FY2024 accounts: The accounts state that the charity remains in good financial health with significant unrestricted reserves of £2,061,243, which are significantly above the stated policy target of six months' operating expenses (£232,500). However, the charity reported a net expenditure for the year, noting that income was significantly below expenditure due to liturgical changes affecting attendance. Its FY2024 accounts were audited by MHA.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| IGLESIA NI CRISTO (CHURCH OF CHRIST) | 1 | £3.0m |
Charities like this
- THE REDEEMED CHRISTIAN CHURCH OF GOD - GREAT GRACE ASSEMBLY
- IGLESIA NI CRISTO (CHURCH OF CHRIST)
- GLOBAL CHURCH OF GRACE MINISTRIES
- GRACE COMMUNITY CHURCH, EDENBRIDGE
- GRACE TO GRACE INTERNATIONAL CENTRE
- COMMAND PRAYER CENTRE MINISTRIES INTERNATIONAL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Grace Communion International | £454k | — | 0 | above | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD - GREAT GRACE ASSEMBLY | £212k | — | 0 | above | — | no doubt |
| IGLESIA NI CRISTO (CHURCH OF CHRIST) | £7.2m | — | 0 | unclear | — | no doubt |
| GLOBAL CHURCH OF GRACE MINISTRIES | £194k | — | 0 | above | — | no doubt |
| GRACE COMMUNITY CHURCH, EDENBRIDGE | £120k | — | 0 | unclear | — | no doubt |
| GRACE TO GRACE INTERNATIONAL CENTRE | £330k | — | 0 | unclear | — | no doubt |