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Praise Chapel

Registered · see notesRegistered charity number 1054449Edgware , MiddlesexReligion
Income£569k2025-03-31
Spending£545ksame year
Spent / received97%5-year average
Size in its cause94th pctReligion
Registered1996Charitable company
Employees4latest return

Analysis

Praise Chapel is a registered charity in England and Wales, based in Edgware , Middlesex. It was registered in April 1996, 30 years ago. Its declared purposes cover religious activities, which this site groups under religion. Legally it is a charitable company (Companies House number 02909145). It says it makes grants to organisations and provides services.

In the financial year ending March 2025, Praise Chapel reported income of £569k and spending of £545k, spending 96% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £422k to £569k (+35%), an average of +7.8% a year. The sharpest change came in the year to March 2025, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 20,496 England and Wales charities whose main cause is religion and that reported income, Praise Chapel sits at the 94th percentile: it is larger than about 94% of them. Against every charity in England and Wales with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include The Parochial Church Council of the Ecclesiastical Parish of St Thomas, Heigham, Norwich (£569k), The Parochial Church Council of the Ecclesiastical Parish of Great Yarmouth (£570k) and New Covenant Church Manchester (£569k).

In its latest detailed accounts, income came from donations and legacies 99%. Charitable activities took 100% of spending and raising funds 0.0%. Reserves of £194k would cover about 4 months of spending at that rate. It employed 4 people.

Data notes from the register: The latest annual return was received after its deadline.

Income and spending

£0£142k£285k£427k£569k2021 Income: £421,5532021 Spending: £347,43420212022 Income: £460,2622022 Spending: £392,04420222023 Income: £417,0372023 Spending: £484,23320232024 Income: £469,1722024 Spending: £500,14620242025 Income: £569,3732025 Spending: £545,4092025
IncomeSpending

Where the income comes from

  • Donations 99%
  • Other 1.1%

In the charity's own words

The principal activity of the company under review was the advancement of the christian relegion.

Similar-sized charities, same cause

CharityLocationIncome
The Parochial Church Council of the Ecclesiastical Parish of St Thomas, Heigham, NorwichNorwich£569k
The Parochial Church Council of the Ecclesiastical Parish of Great YarmouthGreat Yarmouth£570k
New Covenant Church ManchesterManchester£569k
Victory Church CwmbranTorfaen£570k