# The Headwaters Limited

**Charities Register number:** CC61688
**Status:** Registered
**Registered since:** 2023-09-19
**Sector:** Education
**ICNPO group:** Education and Research
**Region:** Glenorchy
**NZBN:** 9429041106211
**IRD donee status:** yes — donations may qualify for a tax credit

## Purpose

supporting programmes which have as their object: • the wellness, economic well-being and resilience of small communities; • training and education regarding the practice and benefits of stewardship of the environment; • the advancement of education or job training for roles in regenerative building; • support for organisations to pursue “triple bottom line” principles; • promotion of the public's appreciation for creativity with a special emphasis on the town of Glenorchy and the Otago region.

## CharityData rating

- **Grade:** A- (86.5 / 100)
- **Financial health:** 100/100
- **Governance:** 55/100
- **Transparency:** 85/100
- **Computed:** 2026-10-01 (methodology 3.11)
- **Flags raised by the methodology:** none

Ratings are an analytical view computed from this charity's own filings to the Charities Register, using a published methodology: https://charitydata.co.nz/charity-insights/methodology. They are not advice and not a statement about any individual.

## Latest annual return (year ended 2026-03-31)

- **Total revenue:** NZ$8.33M
- **Total expenses:** NZ$8.33M
- **Surplus / deficit:** NZ$0
- **Total assets:** NZ$35.99M
- **Total liabilities:** NZ$12.82M
- **Net assets:** NZ$23.17M
- **Cash reserves:** NZ$1.71M
- **Government grants:** NZ$0 (0.0% of revenue)
- **Donations:** NZ$1.86M
- **Staff costs:** NZ$2.43M
- **Paid staff:** 51
- **Reporting tier:** Tier2
- **Source filing (PDF):** https://register.charities.govt.nz/Document/DownloadPdf?pdfType=AnnualReturnSummary&relatedId=6caaa3de-902d-f111-bb51-000d3acc4199&isPublic=true

All figures are as filed by the charity with Charities Services, in New Zealand dollars.

## Filing history

| Year ended | Revenue | Expenses | Surplus/deficit | Net assets |
|---|---|---|---|---|
| 2026-03-31 | NZ$8.33M | NZ$8.33M | NZ$0 | NZ$23.17M |
| 2025-03-31 | NZ$7.89M | NZ$7.89M | NZ$0 | NZ$23.17M |
| 2024-03-31 | NZ$7.77M | NZ$7.77M | NZ$0 | NZ$23.17M |

## Governance

- **Officers on the register:** 2 current (3 including former)
- **Chair recorded:** no
- **Paid executives disclosed:** 4
- **Executive remuneration bands:** under NZ$100k, NZ$500k+
- **Auditor:** Ashton Wheelans
- **Most recent audit opinion:** unqualified

Individual officers and trustees are not listed here. Their names are on the public Charities Register (https://register.charities.govt.nz/CharitiesRegister/ViewCharity?accountId=CC61688) and on the charity's profile page.

## Service providers

- BDO — auditor

## Data freshness

- Register details: as of 2026-11-01
- Financials: last updated 2026-10-18
- Rating: computed 2026-10-01
- This document generated: 2026-11-12

Figures are as filed. A charity that has filed since the dates above may have newer numbers on the Charities Register.

## More data

- Charity profile: https://charitydata.co.nz/charities/the-headwaters-limited
- Structured facts (JSON): https://charitydata.co.nz/api/v1/charities/the-headwaters-limited/facts.json
- Short summary: https://charitydata.co.nz/api/v1/charities/the-headwaters-limited/summary.md
- Rating methodology: https://charitydata.co.nz/charity-insights/methodology
- Official register entry: https://register.charities.govt.nz/CharitiesRegister/ViewCharity?accountId=CC61688
- Charity website: www.theheadwaters.co.nz

---

Published by [CharityData NZ](https://charitydata.co.nz). Canonical: https://charitydata.co.nz/charities/the-headwaters-limited. Primary source: Charities Services (Ngā Rātonga Kaupapa Atawhai), Department of Internal Affairs. Analytical scores are CharityData's own, computed under a published methodology, and are not advice. Generated 2026-11-12T07:36:29.393Z.