Balm of Gilead World Ministries Trust
Analysis
Balm of Gilead World Ministries Trust is a registered charity in England and Wales, based in Wellingborough. It was registered in August 2006, 20 years ago. Its declared purposes cover religious activities and other charitable purposes, which this site groups under religion. Legally it is a charitable trust. It says it other charitable activities.
In the financial year ending December 2024, Balm of Gilead World Ministries Trust reported income of £109k and spending of £101k, spending 93% of its income. Across the 4 years on record, from December 2021 to December 2024, income grew from £103k to £109k (+5.2%), an average of +1.7% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 98% of the income it received.
Among 20,496 England and Wales charities whose main cause is religion and that reported income, Balm of Gilead World Ministries Trust sits at the 64th percentile: it is larger than about 64% of them. Against every charity in England and Wales with reported income it ranks in the 72nd percentile. Charities of a similar size with the same main cause include St Mary's Church Nursery Great Dunmow (£108k), Molesey Islamic Cultural Centre (£109k) and JGR College (£108k).
Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue.
Income and spending
Where the income comes from
- Other 100%
In the charity's own words
(i) to advance the Christian faith (in accordance with the statement of beliefs) in such ways and in such partsof the United Kingdom or the world as the trustees from time to time may think fit; to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind; to advance education in parts of UK or the World.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| St Mary's Church Nursery Great Dunmow | Essex | £108k |
| Molesey Islamic Cultural Centre | East Molesey | £109k |
| JGR College | Blackburn | £108k |
| Trinity Methodist Church Chelmsford | Chelmsford | £109k |