Waimarie Operating Trust — Education Charity in Wanganui
Waimarie Operating Trust is a Trust charity in the Education sector, based in Wanganui, Wanganui. Annual revenue: $0.4M NZD. Financial data as at June 2024.
Mission: To operate the Paddle steamer Waimarie and the Whanganui Riverboat Museum. To assist in preserving the Waimarie and Whanganui River Lore and to be a major attraction to visitors to Whanganui. The Trust therefore provides skilled employment, training, delivers education to school children and the wider public and enhances the economic wellbeing of Whanganui.
- Registration Number
- CC23060
- Charity Type
- Trust
- Registration Date
- 2008-04-15
- Status
- Active
- Sector
- Education
- Location
- Wanganui, Wanganui
- Website
- http://www.waimarie.co.nz
- info@waimarie.co.nz
- Data as at
- June 2024
Financial Summary
- Total Revenue
- $0.4M NZD
- Total Expenses
- $0.4M NZD
- Total Assets
- $0.2M NZD
- Net Assets
- $0.2M NZD
- Reserve Months
- 0.0 months of operating expenses
- Staff Count
- 10
- Volunteers
- 3
- Financial Year End
- 2024-06-30
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2024 | $0.4M | $0.4M | $0.2M |
| 2023 | $0.6M | $0.5M | $0.2M |
| 2022 | $0.4M | $0.4M | $0.1M |
| 2021 | $0.5M | $0.5M | $0.1M |
| 2020 | $0.4M | $0.4M | $0.1M |
| 2019 | $0.4M | $0.4M | $0.1M |
| 2018 | $0.4M | $0.4M | $0.0M |
| 2017 | $0.4M | $0.3M | $-0.0M |
| 2016 | $0.3M | $0.3M | $-0.1M |
| 2015 | $0.2M | $0.2M | $-0.1M |
CharityData Rating
- Overall Grade
- Overall Score
- /100
- Financial Score
- 0
- Governance Score
- 20
- Transparency Score
- 65
Funding Sources
- Lion Foundation — $15,000
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EducationTrust
Waimarie Operating Trust
CC23060Wanganui, WanganuiRegistered 15 Apr 2008
Data updated: 15 Apr 2026
Financials30 Jun 2024Rating10h ago
Financial data as at June 2024. Sourced from Charities Services register.
NR
Not rated — Summary-form filing — not enough detail to grade
Charities Services Tier 3/4 reporting allows smaller charities to file a summary annual-return form rather than separately audited financial statements. The return reports totals but not the program/administration split or the line-item detail our template needs. No red flags were detected in what was filed, and revenue is below the $1M threshold at which audited accounts are expected. A letter grade is withheld rather than assigning one that would be driven by the template-fit, not the charity's operations. The charity's filed figures are shown above.
How ratings work →Revenue
$429.3K
Expenses
$440.0K
Assets
$206.7K
Staff
10
Financial data from Charities Services annual return (FY2024). Ratings calculated using CharityData v3.1.1 methodology.
About
Mission
To operate the Paddle steamer Waimarie and the Whanganui Riverboat Museum. To assist in preserving the Waimarie and Whanganui River Lore and to be a major attraction to visitors to Whanganui. The Trust therefore provides skilled employment, training, delivers education to school children and the wider public and enhances the economic wellbeing of Whanganui.
Key Statistics
Annual Revenue
$429.3K
Total Expenses
$440.0K
Net Assets
$170.7K
Staff
10
employees
Volunteers
3
Financial Trends
Financial Trends (16 Years)
Revenue Breakdown
Expense Breakdown
API DataBased 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
2.2mo
Could operate 2.2 months with zero revenue
Critical
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
32
Score /100
Concentrated
HHI: 6,753
High Concentration: 80% of revenue from Other
Other80.1%
Donations18.3%
Investment Income1.6%
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 114 peers · Education · $100K – $1M
Rating Score
0
Revenue
$429K
Reserve Months
0.0
Surplus
$-11K
Staff Cost %
0%
Top Peers in Group
Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.
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Claim This ProfileContact Details
Registration
Registration NumberCC23060
Entity TypeTrust
Registered15 Apr 2008
StatusRegistered
Sector & Activities
Primary Sector
EducationData 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: 22 April 2026.
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