Majestic Grow LimitedReligion Charity in Christchurch

Majestic Grow Limited is a Trust charity in the Religion sector, based in Christchurch, Christchurch. Annual revenue: $3.6M NZD. Financial data as at March 2017.

Mission: To create an attractive, functional facility that extends into its community, providing open public space for creative business ventures and to gather people for connection, worship and discipleship

Registration Number
CC38234
Charity Type
Trust
Registration Date
2008-05-09
Status
Active
Sector
Religion
Location
Christchurch, Christchurch
Email
russell@majestic.org.nz
Data as at
March 2017

Financial Summary

Total Revenue
$3.6M NZD
Total Expenses
$1.0M NZD
Total Assets
$19.5M NZD
Net Assets
$6.5M NZD
Reserve Months
0.0 months of operating expenses
Volunteers
6
Financial Year End
2017-03-31

Financial History

YearRevenueExpensesNet Assets
2017$3.6M$1.0M$6.5M
2016$2.6M$1.5M$17.1M
2015$0.5M$0.2M$2.8M
2014$0.3M$0.2M$2.8M
2013$0.3M$0.0M$3.2M
2012$1.9M$0.1M$3.3M
2011$0.3M$0.1M$2.2M
2010$0.3M$0.3M$2.1M
2009$0.3M$0.3M$0.7M

Board Members and Officers

Current Officers (3)

NameRoleAppointed
Russell HayDirector2015-04-30
Simon MbonyinshutiDirector2015-04-30
Leo HanssenDirector2001-12-19

Former Officers (2)

  • Shaun StockmanDirector (departed 2018-07-13)
  • David PetersonDiretor (departed 2013-12-09)

Reporting Group Members

Majestic Grow Limited files a consolidated Annual Return jointly with 1 sibling charity:

Similar Charities in Religion

ReligionTrust

Majestic Grow Limited

CC38234Christchurch, ChristchurchRegistered 9 May 2008
Data updated: Yesterday
Financials31 Mar 2017Ratingyesterday

Financial data as at March 2017. Sourced from Charities Services register.

GM
Group memberReporting-group member — see the parent charity's rating

This charity is a member of a Charities Services reporting group — its parent charity files one consolidated annual return covering the whole group. Because the member's individual return is empty by design (the financial data lives at the parent level), there's nothing on the member's own books for the standard scorecard to measure. The relevant rating, financial figures, and red flags are on the parent charity's profile — follow the link above to see them. The member is part of an ACTIVE filing group; this is not the same as "stale" or "dormant".

How ratings work →
Revenue

$3.6M

Expenses

$951.3K

Assets

$19.5M

Financial data from Charities Services annual return (FY2017). Ratings calculated using CharityData v3.1.1 methodology.

Part of a reporting group. Majestic Grow Limited files its annual return under the consolidated return filed by Majestic Church. The financial figures and rating shown for this charity reflect the parent's consolidated filing — see the parent's profile for the underlying disclosure.

About

Mission

To create an attractive, functional facility that extends into its community, providing open public space for creative business ventures and to gather people for connection, worship and discipleship

Key Statistics

Annual Revenue
$3.6M
Total Expenses
$951.3K
Net Assets
$6.5M
Volunteers
6

Financial Trends

Financial Trends (9 Years)

Revenue Breakdown

Expense Breakdown

API Data

Based on annual return data. Detailed program/admin breakdown not available.

Financial Health Dashboard

Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
113.1mo
Could operate 113.1 months with zero revenue
Over-capitalized
Fundraising Cost
-
No fundraising data
No data

Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology

Revenue Diversification

37
Score /100
Concentrated
HHI: 6,260
Other75.1%
Investment Income24.9%

HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.

Peer Comparison

Ranked against 19 peers · Religion · $1M – $10M

Rating Score
0
#4/20
Revenue
$3.6M
#11/20
Reserve Months
0.0
#1/20
Surplus
$2.7M
#3/20
Staff Cost %
0%
#1/20

Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.

Rating

Score: /100
Financial
0
Governance
0
Transparency
0
View Full Score Breakdown

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Contact Details

Address
Christchurch, Christchurch

Registration

Registration NumberCC38234
Entity TypeTrust
Registered9 May 2008
StatusRegistered

Companies Office

StatusRegistered
Entity TypeNZ Limited Company
Incorporated29 Sept 1994
Company #659486
Registered office
40 Walker Street, Christchurch Central, Christchurch, 8011

Sector & Activities

Primary Sector
Religion

Data sourced from Charities Services register and publicly available annual returns. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@charitydata.co.nz. For informational purposes only. Not investment advice. Last updated: 13 September 2026.

Reporting Group — Consolidated Annual Return

Majestic Grow Limited is one of 2 charities in a Charities Services reporting group. Members file a single consolidated Annual Return together, so the financial figures on each member’s page reflect the combined group — not standalone operations.