Reserve Accumulation Report

Tracking charity financial reserves and identifying potential hoarding

Why reserves matter: Operating charities should maintain reasonable financial reserves (typically 3-12 months of expenses) to weather unexpected challenges. However, excessive reserves (>18 months) may indicate that donor funds are being hoarded rather than used for charitable purposes.
About Endowment Foundations: This report includes 6 endowment foundations (e.g., Barnardos NZ Foundation, Cawthron Foundation). These entities are designed to hold large reserves permanently - their purpose is to invest capital and distribute only the income. High reserves are expected and appropriate for these organisations.
Charities Analyzed
788
With reserve data
Excessive Reserves
480
>18 months of expenses
Avg Reserve Level
7024.2
months of expenses
Total Reserves Held
$11.8B
across all charities

Reserve Levels by Sector

International Aid
28426.3
months avg
Religion
20652.1
months avg
Education
18098.4
months avg
Animal Welfare
14944.4
months avg
Environment
2952.0
months avg
Social Services
1133.0
months avg
Sports & Recreation
712.6
months avg
Community Development
355.0
months avg
Health
229.0
months avg
Other
221.9
months avg
Research
132.9
months avg
Arts & Culture
58.9
months avg
Māori Development
49.0
months avg
1553436.9
months
Radha Soami Satsang Beas New ZealandExcessive
Religion• AucklandGrade C
1256636.5
months
The Pukeko Charitable Trust 2008Excessive
Education• ThamesGrade B-
897168.0
months
Massey University FoundationExcessive
Religion• Palmerston NorthGrade C+
444317.6
months
Longview TrustExcessive
Religion• HamiltonGrade C
307789.2
months
Tuwharetoa Health Charitable TrustExcessive
Education• TurangiGrade C
250289.3
months
The Agricultural And Marketing Research And Development Trust BoardExcessive
International Aid• FeildingGrade C
124329.3
months
JN & HB Williams FoundationExcessive
Animal Welfare• GisborneGrade B-
94328.9
months
Frimley FoundationExcessive
Religion• GisborneGrade C+
69347.8
months
MSA Charitable TrustExcessive
ReligionGrade C
39727.1
months
New Zealand Olympic FoundationExcessive
Animal Welfare• AucklandGrade B-
38381.7
months
University of Canterbury FoundationExcessive
Religion• ChristchurchGrade C+
30567.9
months
West Auckland Living Skills Homes Trust BoardExcessive
Social Services• AucklandGrade C+
28539.4
months
Hawke's Bay FoundationExcessive
Environment• HastingsGrade C+
20271.9
months
The Joseph Charitable TrustExcessive
Religion• AucklandGrade C+
15545.2
months
PACT 2086 TrustExcessive
Religion• ChristchurchGrade C
14313.9
months
Michael and Suzanne Borrin FoundationExcessive
Religion• WellingtonGrade B-
12773.8
months
Rural Women New Zealand IncExcessive
Other• WellingtonGrade C
11291.9
months
Thomas George Macarthy TrustExcessive
Social Services• WellingtonGrade C+
10901.6
months
Hillview TrustExcessive
Religion• Te ArohaGrade C+
9148.5
months
Medical Research Charitable TrustExcessive
Religion• AucklandGrade B-
8943.4
months
Southern Lakes TrailsExcessive
Sports & Recreation• AlexandraGrade C
7813.1
months
The Tindall FoundationExcessive
Social Services• AucklandGrade C
7334.1
months
Taumutu Partnership LimitedExcessive
Environment• ChristchurchGrade D
6965.4
months
Ngati Manawa Investment TrustExcessive
Environment• RotoruaGrade B-
6341.6
months
Lindsay FoundationExcessive
Other• AucklandGrade C
6196.2
months
Harry Goodfellow Charitable TrustExcessive
Other• AucklandGrade C
5834.6
months
Te Whiringa o Ngāti Mutunga Charitable TrustExcessive
Environment• UrenuiGrade B-
5336.4
months
The Kelliher Charitable TrustExcessive
Religion• AucklandGrade B-
5082.6
months
Hay Family FoundationExcessive
Religion• AucklandGrade B-
4786.8
months
Wellington Hospitals FoundationExcessive
Animal Welfare• WellingtonGrade C+
4453.3
months
Top of the South Community FoundationExcessive
Environment• RichmondGrade B-
4167.2
months
Glenice & John Gallagher FoundationExcessive
Environment• HamiltonGrade B-
3960.1
months
Te Runanga O Arowhenua LtdExcessive
Environment• TimaruGrade C-
3835.1
months
William Noel Pharazyn Charitable TrustExcessive
Other• WellingtonGrade C+
3691.9
months
Lloyd Morrison FoundationExcessive
Education• WellingtonGrade F
3671.8
months
The Nurse Maude FoundationExcessive
Education• ChristchurchGrade B-
3645.4
months
Nelson Tasman Region Hospice Investment TrustExcessive
Other• NelsonGrade B-
3578.2
months
The Marianne Caughey Smith-Preston Memorial Rest Homes TrustExcessive
Social Services• AucklandGrade C
3444.9
months
Te Korowai o Ngāruahine Charitable TrustExcessive
Environment• HāweraGrade B-
3222.8
months
The Gift TrustExcessive
Animal Welfare• WellingtonGrade C+
3215.8
months
Fisher & Paykel Healthcare FoundationExcessive
Education• AucklandGrade C+
2925.7
months
Te Manawaroa o Ngāti Tama Charitable TrustExcessive
Community Development• New PlymouthGrade F
2910.1
months
David Levene FoundationExcessive
Social Services• AucklandGrade C+
2868.0
months
The University of Waikato FoundationExcessive
Animal Welfare• HamiltonGrade B-
2862.4
months
The Matrix Christian Charitable TrustExcessive
Religion• TaurangaGrade C+
2794.6
months
Save Animals From Exploitation IncorporatedExcessive
Education• AucklandGrade C
2764.0
months
Te Pataka O Rauru LimitedExcessive
International Aid• WhanganuiGrade F
2626.9
months
Mactodd Community Charitable TrustExcessive
Other• QueenstownGrade B-
2569.0
months
Te Kaahui O RauruExcessive
Other• WhanganuiGrade C-
2448.2
months
Fehl Charitable TrustExcessive
Community Development• WellingtonGrade B-
2439.2
months
Carlaw Heritage TrustExcessive
Community Development• AucklandGrade C+
2184.6
months
Peter and David Picot Charitable TrustExcessive
Health• AucklandGrade B-
2145.1
months
Moeraki LimitedExcessive
Other• PalmerstonGrade C-
2119.8
months
The Jackson Family FoundationExcessive
Religion• AucklandGrade C
2065.3
months
Victoria University of Wellington FoundationExcessive
Religion• WellingtonGrade C+
2035.6
months
Northern Masonic Association Trust BoardExcessive
Religion• AucklandGrade F
2001.1
months
Tonks Family Foundation LimitedExcessive
Education• Levin Grade B-
1944.0
months
Koata LimitedExcessive
Other• NelsonGrade C
1940.2
months
Douglas Goodfellow Charitable TrustExcessive
Religion• AucklandGrade C
1855.4
months
Elim Christian Centre TrustExcessive
Religion• AucklandGrade C+
1766.4
months
Maurice and Phyllis Paykel TrustExcessive
Religion• AucklandGrade B-
1748.2
months
The Tait FoundationExcessive
Religion• ChristchurchGrade C+
1713.1
months
Four Regions TrustExcessive
Environment• WanganuiGrade B-
1693.6
months
Child Cancer Foundation IncorporatedExcessive
Education• AucklandGrade C+
1690.9
months
Nikau FoundationExcessive
Animal Welfare• WellingtonGrade C+
1667.2
months
Te Atiawa Iwi Charitable TrustExcessive
Environment• New PlymouthGrade B-
1647.8
months
Kahungunu Asset Holding Company LimitedExcessive
Other• HastingsGrade C-
1644.6
months
Royston Health Trust BoardExcessive
Education• HastingsGrade C
1607.5
months
Captain James Cook Charitable FoundationExcessive
Social Services• AucklandGrade B-
1603.1
months
1556.5
months
Massey Archery Club IncorporatedExcessive
Community Development• WaimaukuGrade C-
1539.5
months
The Presbyterian Church of Aotearoa New ZealandExcessive
Religion• WellingtonGrade C-
1525.2
months
The Potter Masonic TrustExcessive
Community Development• WellingtonGrade B-
1501.6
months
The Freemasons CharityExcessive
Environment• WellingtonGrade C
1480.9
months
Parenting Place Charitable TrustExcessive
Religion• AucklandGrade C+
1470.0
months
Heart Lung FoundationExcessive
Religion• AucklandGrade B-
1411.8
months
The Good Shepherd New Zealand TrustExcessive
Other• AucklandGrade F
1411.6
months
Physiotherapy BoardExcessive
Other• WellingtonGrade F
1399.9
months
The Soul Purpose Trust (1999)Excessive
Religion• HamiltonGrade B-
1348.2
months
Ping An Gong Charitable TrustExcessive
Religion• ChristchurchGrade C+
1326.0
months
Construction Growth FoundationExcessive
Religion• TaurangaGrade C
1268.2
months
Te Kahui O Onuku Charitable Company LimitedExcessive
International Aid• ChristchurchGrade C
1212.8
months
Joyce Fisher Charitable TrustExcessive
Religion• AucklandGrade C
1157.4
months
Len Reynolds TrustExcessive
Social Services• HamiltonGrade D
1132.9
months
Tasman Smith Charitable TrustExcessive
Other• HastingsGrade C
1119.9
months
Wood Industry Development and Education TrustExcessive
Religion• WhangaparaoaGrade B-
1113.1
months
New Zealand Fruitgrowers Charitable TrustExcessive
Other• WellingtonGrade D
1091.4
months
The Kaiārahi TrustExcessive
Animal Welfare• WellingtonGrade B-
1029.1
months
Jester 003 Charitable TrustExcessive
International Aid• WellingtonGrade B-
990.2
months
The New Zealand Anglican Church Pension FundExcessive
Religion• WellingtonGrade F
941.0
months
Te Kete o Wairewa LtdExcessive
Other• ChristchurchGrade C
921.9
months
Health Research Council Of New ZealandExcessive
Education• AucklandGrade D
911.4
months
The Greenlea Foundation TrustExcessive
Social Services• AucklandGrade B-
884.5
months
The Joe Aspell TrustExcessive
Other• WellingtonGrade A-
852.6
months
Te Taha Maori Property TrustExcessive
Religion• ChristchurchGrade F
825.1
months
Inspiring Futures Foundation Excessive
Religion• WellingtonGrade C+
813.9
months
MUMA Whanau Services LimitedExcessive
Social Services• AucklandGrade D
805.3
months
The Caritas Pro Vitae Gradu Charitable TrustExcessive
Religion• AucklandGrade C+
798.7
months
The Values TrustExcessive
Religion• RaglanGrade D
786.3
months
Te Runanga O Nga Maata Waka IncorporatedExcessive
Social Services• ChristchurchGrade C-
769.7
months
756.7
months
Taranaki FoundationExcessive
Animal Welfare• New PlymouthGrade C+
750.2
months
Waipuna Hospice FoundationExcessive
Education• TaurangaGrade D
745.6
months
The Canterbury Charity Hospital TrustExcessive
Education• ChristchurchGrade C+
744.1
months
Hosanna Charitable Trust BoardExcessive
Social Services• Mount MaunganuiGrade D
699.2
months
Comcare Charitable TrustExcessive
Social Services• ChristchurchGrade C+
693.8
months
Ngati Whakaue Education Endowment TrustExcessive
Religion• RotoruaGrade C+
683.0
months
Neurological Foundation of New ZealandExcessive
Education• AucklandGrade C+
641.7
months
Mikro FoundationExcessive
Other• RotoruaGrade C+
641.4
months
Disabilities Resource Centre TrustExcessive
Health• WhakataneGrade C
608.7
months
Māori Purposes Fund BoardExcessive
Other• WellingtonGrade B-
604.7
months
Hoku FoundationExcessive
Social Services• WellingtonGrade B-
602.3
months
Friedlander FoundationExcessive
Religion• AucklandGrade C
592.5
months
Pacific Health Service Hutt Valley IncorporatedExcessive
Education• Lower HuttGrade C
581.3
months
The Mother Aubert Home Of Compassion Trust BoardExcessive
Social Services• WellingtonGrade C+
581.1
months
Foundation For Arable Research IncorporatedExcessive
Religion• ChristchurchGrade C+
567.7
months
Rongopai MaraeExcessive
OtherGrade C-
566.1
months
560.6
months
NZ Native Forests Restoration TrustExcessive
Sports & Recreation• AucklandGrade B-
549.3
months
Tautoko ServicesExcessive
Health• Palmerston NorthGrade F
543.5
months
Wesley College Trust BoardExcessive
Religion• DruryGrade F
522.9
months
Te Kupenga Hauora - AhuririExcessive
Other• NapierGrade D
518.7
months
496.0
months
Hauraki Maori Trust BoardExcessive
Social Services• PaeroaGrade B-
495.5
months
Hiringa Oranga o Awarua LimitedExcessive
Education• InvercargillGrade C
481.3
months
Ted Manson Charitable TrustExcessive
Religion• AucklandGrade B-
481.1
months
Methodist Mission SouthernExcessive
Social Services• DunedinGrade C-
478.8
months
Wellington Museums Trust IncorporatedExcessive
Community Development• WellingtonGrade C+
478.1
months
The Christchurch FoundationExcessive
Animal Welfare• ChristchurchGrade C+
445.9
months
445.7
months
Tautoko Mai Sexual Harm Support Services TrustExcessive
Education• TaurangaGrade C
443.0
months
Ngati Koata TrustExcessive
Environment• NelsonGrade F
433.7
months
Te Ohu Kai Moana TrustExcessive
Other• WellingtonGrade B+
423.3
months
Hauora Waikato Maori Mental Health ServicesExcessive
Education• HamiltonGrade C-
415.1
months
Omanu Beach Charitable TrustExcessive
OtherGrade C+
413.8
months
Remarkables Station National Trust LimitedExcessive
Other• WellingtonGrade B+
407.8
months
Medical Research Institute Of New ZealandExcessive
Religion• WellingtonGrade C-
395.6
months
Clutha Community TrustExcessive
OtherGrade C+
388.3
months
Te Hononga o Tamaki me Hoturoa Charitable TrustExcessive
Education• AucklandGrade B-
388.2
months
The Keir TrustExcessive
Other• AucklandGrade B+
386.8
months
Arawai LimitedExcessive
OtherGrade C-
385.9
months
United North Piha Lifeguard Service (Incorporated)Excessive
Social Services• PihaGrade C
384.6
months
Auckland and Onehunga Hostels Endowment TrustExcessive
Arts & Culture• WellingtonGrade C+
375.7
months
The Interchurch Council For Hospital ChaplaincyExcessive
Religion• WellingtonGrade C
373.8
months
Te Akatea IncorporatedExcessive
Religion• TaurangaGrade C
373.5
months
First Church Of Christ, Scientist, WellingtonExcessive
Religion• WellingtonGrade F
371.6
months
Aries Charitable FoundationExcessive
Religion• AucklandGrade B-
371.3
months
Nelson Medical Research and Education TrustExcessive
Religion• NelsonGrade B-
369.5
months
Social Service Council of the Diocese of ChristchurchExcessive
Social Services• ChristchurchGrade C-
364.7
months
Raukawa Whanau Ora LimitedExcessive
Other• LevinGrade C-
352.5
months
Cornwall Park Trust BoardExcessive
Other• AucklandGrade C-
346.7
months
Waikato Endowed Colleges Trust Excessive
Other• NgaruawahiaGrade B
341.9
months
Ngati Pourua Marae TrustExcessive
OtherGrade C+
335.2
months
Belfast Community TrustExcessive
Environment• Auckland CBDGrade C+
331.8
months
Waipa Community Facilities TrustExcessive
Community Development• Te AwamutuGrade D
329.9
months
Aroha-Nui Charitable TrustExcessive
Religion• MangawhaiGrade B-
325.6
months
Paruaharanui MaraeExcessive
OtherGrade D
323.1
months
306.3
months
Safe Network Charitable TrustExcessive
Social Services• AucklandGrade B-
305.8
months
Assisting Different Abilities Peoples TrustExcessive
Health• TaurangaGrade C+
305.7
months
Pakuranga Country Club IncorporatedExcessive
Community Development• AucklandGrade C-
294.0
months
West Auckland HospiceExcessive
Other• AucklandGrade C-
293.2
months
The Ozanam House TrustExcessive
Arts & Culture• Palmerston NorthGrade C+
289.9
months
Te Rarawa Anga Mua TrustExcessive
Social Services• KaitaiaGrade C
289.1
months
The Royal Australasian College of PhysiciansExcessive
Religion• WellingtonGrade C-
286.6
months
KI A ORA NGATIWAI TRUSTExcessive
Education• KamoGrade B-
286.3
months
King's College FoundationExcessive
Religion• AucklandGrade F
284.0
months
Te Rangimarie Marae TrusteeExcessive
OtherGrade C+
282.9
months
Auckland Hospitals Research and Endowment FundExcessive
Education• AucklandGrade B-
282.8
months
Pare Hauraki Fishing Trust Excessive
Community Development• PaeroaGrade C+
282.4
months
Te Waka Whaiora TrustExcessive
Education• PoriruaGrade B-
280.4
months
Maori Soldiers TrustExcessive
Religion• WellingtonGrade B-
279.2
months
Te Runanga O Waihao Holdings LimitedExcessive
Social Services• ChristchurchGrade C-
274.3
months
University Of Otago Foundation TrustExcessive
Other• DunedinGrade B-
270.2
months
Graeme Dingle Endowment TrustExcessive
Religion• AucklandGrade D
264.6
months
Kokiri Marae Keriana Olsen TrustExcessive
Other• Lower HuttGrade F
263.8
months
The Hepatitis Foundation of New ZealandExcessive
Education• WhakataneGrade F
263.7
months
Lincoln University Property Joint Venture LimitedExcessive
Other• CanterburyGrade C-
259.9
months
Te Māpou MaraeExcessive
OtherGrade C-
258.2
months
Otago Community Hospice TrustExcessive
Education• DunedinGrade C+
257.4
months
Hospice Waikato TrustExcessive
Education• HamiltonGrade C+
248.0
months
New Zealand Red Cross IncorporatedExcessive
Research• WellingtonGrade C-
248.0
months
Manukorihi Pa ReserveExcessive
OtherGrade C-
241.0
months
237.1
months
Development West CoastExcessive
OtherGrade D
234.7
months
Acorn FoundationExcessive
Animal Welfare• TaurangaGrade C+
230.9
months
Parihaka Papakainga TrustExcessive
OtherGrade C+
229.8
months
Elim Proprietors TrustExcessive
Religion• AucklandGrade B-
227.2
months
Maromahue MaraeExcessive
OtherGrade C-
226.9
months
Bringing the Reality TrustExcessive
Religion• AucklandGrade F
225.8
months
Theatre Royal Charitable FoundationExcessive
Community Development• ChristchurchGrade B-
223.9
months
Te Takinga Marae TrustExcessive
OtherGrade C+
223.8
months
Sport Bay Of Plenty Charitable Trust Board IncorporatedExcessive
Community Development• TaurangaGrade B-
222.9
months
Waipareira Investment GroupExcessive
Community Development• AucklandGrade F
221.4
months
Ka Pai Kai Aotearoa LimitedExcessive
Social Services• RotoruaGrade C-
218.6
months
Te Runanga O Ngai Te Rangi Iwi TrustExcessive
Other• TaurangaGrade C+
217.3
months
Auckland Medical Research FoundationExcessive
Other• AucklandGrade C+
213.5
months
Big Toe FoundationExcessive
OtherGrade B-
211.0
months
Eastern Bays Hospice TrustExcessive
Education• AucklandGrade B-
208.9
months
Motatau MaraeExcessive
OtherGrade C-
204.7
months
KYS One Stop Shop TrustExcessive
Other• ParaparaumuGrade B-
199.4
months
King's School, AucklandExcessive
Religion• AucklandGrade C-
195.7
months
193.4
months
BNZ FoundationExcessive
Sports & Recreation• AucklandGrade B
193.1
months
Takitimu Marae, WaituhiExcessive
OtherGrade C-
192.3
months
The Leprosy Mission New Zealand IncorporatedExcessive
Other• AucklandGrade C-
191.6
months
Taupo Waters TrustExcessive
International Aid• TurangiGrade C+
191.0
months
VOYCE Whakarongo MaiExcessive
Social Services• AucklandGrade C-
187.5
months
St Andrews Presbyterian Church New PlymouthExcessive
Other• New PlymouthGrade F
187.2
months
Buchanan Charitable FoundationExcessive
Other• AucklandGrade C+
184.7
months
184.3
months
Canterbury Museum Trust BoardExcessive
Community Development• ChristchurchGrade C+
183.3
months
Surf Life Saving Northern Region IncorporatedExcessive
Research• AucklandGrade C-
181.6
months
181.6
months
Te Omanga Hospice TrustExcessive
Education• Lower HuttGrade C+
177.9
months
Adam FoundationExcessive
Community Development• WellingtonGrade C
172.7
months
Northern Cochlear Implant TrustExcessive
Education• AucklandGrade C+
167.6
months
Presbyterian Support (Upper South Island)Excessive
Social Services• ChristchurchGrade C-
165.1
months
Poutama TrustExcessive
Other• RotoruaGrade D
165.0
months
164.9
months
Heretaunga Free Kindergarten Association IncorporatedExcessive
Religion• HastingsGrade D
163.3
months
Te Puna Hauora O Te Raki Paewhenua Society IncExcessive
Education• AucklandGrade D
161.4
months
Manfeild Park TrustExcessive
OtherGrade C
161.3
months
Puketawai MaraeExcessive
OtherGrade C-
161.0
months
Anglican Diocese of Christchurch - General Trust EstateExcessive
Religion• ChristchurchGrade F
160.6
months
CCS Disability Action Waikato IncorporatedExcessive
Health• HamiltonGrade F
156.5
months
STOP Excessive
Other• ChristchurchGrade F
156.3
months
155.4
months
TE ARAWA WHANAU ORA CHARITABLE TRUSTExcessive
Education• RotoruaGrade F
155.2
months
Diabetes New ZealandExcessive
Education• WellingtonGrade C
154.6
months
Bone Marrow Cancer TrustExcessive
Arts & Culture• ChristchurchGrade B
154.4
months
152.9
months
152.9
months
Kāhui Tū Kaha LtdExcessive
Social Services• AucklandGrade D
150.8
months
Te Poho o Tamatea LimitedExcessive
International Aid• Te Rāpaki-O-Te RakiwhakaputaGrade F
150.0
months
Te Runanga o Otakou IncorporatedExcessive
Other• DunedinGrade C
149.3
months
Rongowhakaata Iwi TrustExcessive
OtherGrade F
149.2
months
Hutt City Kindergartens Association IncorporatedExcessive
Religion• Lower HuttGrade F
147.1
months
Te Ngakinga o Whanganui Investment TrustExcessive
Environment• WanganuiGrade C
144.7
months
Crown Forestry Rental TrustExcessive
Other• WellingtonGrade B+
144.5
months
143.4
months
Grafton Downs LimitedExcessive
Other• AucklandGrade C-
142.4
months
Clutha Community Health Company LimitedExcessive
Education• BalcluthaGrade C-
142.2
months
The General Cathedral TrustExcessive
Religion• AucklandGrade C+
141.1
months
Volunteer Service Abroad Te Tuao Tawahi IncorporatedExcessive
Religion• WellingtonGrade F
140.7
months
Presbyterian Support (Northern)Excessive
Social Services• AucklandGrade F
139.1
months
The Auckland Festival TrustExcessive
Community Development• AucklandGrade C+
138.2
months
Hokonui Runanga IncorporatedExcessive
Social Services• GoreGrade C
137.4
months
Dunedin Kindergartens IncorporatedExcessive
Religion• DunedinGrade D
135.3
months
Outward Bound Trust Of New Zealand FoundationExcessive
Animal Welfare• AucklandGrade C
134.0
months
133.2
months
Your Way | Kia Roha Charitable TrustExcessive
Health• HamiltonGrade C+
132.7
months
The Stewards' Trust of New Zealand IncorporatedExcessive
Religion• TaurangaGrade B-
128.3
months
Hokonui Research and Development LimitedExcessive
International Aid• GoreGrade C
126.3
months
Te Runanga A Rangitane O Wairau TrustExcessive
Community Development• BlenheimGrade B-
126.3
months
The New Apostolic Church (New Zealand) LimitedExcessive
Religion• AucklandGrade C
125.8
months
The Royal New Zealand College of General PractitionersExcessive
Religion• WellingtonGrade C-
124.4
months
New Zealand Red Cross FoundationExcessive
Research• WellingtonGrade D
123.6
months
Water Safety New Zealand IncorporatedExcessive
Religion• WellingtonGrade C
121.3
months
116.6
months
115.5
months
The Roman Catholic Bishop of the Diocese Of Palmerston NorthExcessive
Other• Palmerston NorthGrade F
114.4
months
Dilworth TrustExcessive
Religion• AucklandGrade F
112.9
months
Marlborough Stadium TrustExcessive
Community Development• BlenheimGrade B-
110.4
months
109.9
months
Nga Waihua o Paerangi TrustExcessive
Environment• OhakuneGrade F
109.5
months
The Pā IncorporatedExcessive
Social Services• AucklandGrade C-
106.4
months
Nga Kete Matauranga Pounamu Charitable TrustExcessive
Social Services• InvercargillGrade C+
105.2
months
Rakeiwhenua TrustExcessive
Education• WhakataneGrade D
104.0
months
Effective Charitable TrustExcessive
Other• AucklandGrade B-
103.3
months
Koukourarata Development Company LimitedExcessive
Environment• Diamond HarbourGrade F
102.8
months
Tātaki Auckland Unlimited TrustExcessive
Other• AucklandGrade B-
101.2
months
mSupply FoundationExcessive
Education• AucklandGrade C+
100.0
months
Hakatere Maori KomitiExcessive
OtherGrade D
99.9
months
The King's College TrusteesExcessive
Other• AucklandGrade F
98.8
months
Ngati Rarua Atiawa Iwi Trust BoardExcessive
Community Development• NelsonGrade C
98.6
months
97.7
months
AUT Millennium TrustExcessive
Other• AucklandGrade C-
97.2
months
Abbeyfield Properties LimitedExcessive
Arts & Culture• NelsonGrade B-
94.7
months
Abbeyfield New Zealand IncorporatedExcessive
Arts & Culture• NelsonGrade B-
94.5
months
Kimihia Number 1 LimitedExcessive
Other• WellingtonGrade F
92.2
months
Te Runanga O Ngati AwaExcessive
Other• WhakataneGrade C-
89.9
months
The Dingwall TrustExcessive
Other• AucklandGrade C-
89.8
months
Paralympics New Zealand IncorporatedExcessive
Community Development• AucklandGrade C
88.6
months
88.4
months
Auckland Bible Church IncorporatedExcessive
Religion• AucklandGrade C+
88.2
months
Early Education Waikato LimitedExcessive
Religion• HamiltonGrade C-
87.1
months
Ranfurly Care Society IncorporatedExcessive
Health• AucklandGrade D
86.8
months
Hutton Wilson Charitable TrustExcessive
Other• AucklandGrade C-
86.1
months
The Society Of Mary Trust BoardExcessive
Religion• WellingtonGrade F
86.1
months
85.6
months
Silverstream College Board Of ProprietorsExcessive
Arts & Culture• Upper HuttGrade C
83.3
months
English Language Partners New Zealand TrustExcessive
Religion• WellingtonGrade F
82.7
months
Visions of a Helping Hand Charitable TrustExcessive
Arts & Culture• RotoruaGrade C+
82.5
months
The Roman Catholic Archdiocese Of WellingtonExcessive
Other• WellingtonGrade C-
81.3
months
Waihikurangi Charitable TrustExcessive
Social Services• Te KuitiGrade D
79.8
months
79.5
months
Kaikaiawaro Charitable TrustExcessive
OtherGrade C+
79.1
months
Whakawhiti Ora Pai Society IncorporatedExcessive
Education• Te KaoGrade F
77.6
months
77.5
months
Whakatupu Aotearoa FoundationExcessive
Sports & Recreation• AucklandGrade C+
77.2
months
The Wellington Regional Stadium Trust IncorporatedExcessive
Other• WellingtonGrade C-
76.2
months
75.9
months
75.4
months
Diocese Of DunedinExcessive
Other• DunedinGrade C-
73.9
months
The Masonic Villages TrustExcessive
Other• Lower HuttGrade F
73.5
months
Maniototo Health Services LimitedExcessive
Education• RanfurlyGrade C-
72.0
months
71.4
months
Te Kāhui Raraunga Charitable Trust Excessive
Religion• RotoruaGrade C
69.4
months
Reconnect Trust BoardExcessive
Social Services• AucklandGrade C
69.4
months
Trust House LimitedExcessive
Other• MastertonGrade C-
69.1
months
Trinity Lands LimitedExcessive
Other• PutaruruGrade C-
68.2
months
Whitiora Centre LimitedExcessive
Religion• ChristchurchGrade C
68.0
months
Dairy Trust TaranakiExcessive
Religion• HaweraGrade C+
67.5
months
Community Law Centres Aotearoa IncorporatedExcessive
Social Services• WellingtonGrade C-
66.6
months
The Eden Park TrustExcessive
Other• AucklandGrade C-
66.4
months
The Baptist Union Of New ZealandExcessive
Other• AucklandGrade F
65.1
months
64.1
months
The Royal New Zealand Ballet Foundation TrustExcessive
Other• WellingtonGrade B-
63.9
months
The New Zealand College Of Midwives (Incorporated)Excessive
Religion• ChristchurchGrade F
62.0
months
Craighead Diocesan School Board of ProprietorsExcessive
Arts & Culture• TimaruGrade C
61.5
months
Foundation Properties LimitedExcessive
Health• AucklandGrade B-
61.3
months
He Korowai TrustExcessive
OtherGrade C+
60.6
months
60.2
months
Totara Farm TrustExcessive
Health• PapakuraGrade B-
59.5
months
59.3
months
Te Wai Maori TrustExcessive
Other• WellingtonGrade B+
59.3
months
Te Piki Oranga LimitedExcessive
Education• NelsonGrade F
58.6
months
First Community TrustExcessive
Arts & Culture• Lower HuttGrade C+
58.4
months
New Zealand Housing FoundationExcessive
Other• AucklandGrade B-
58.0
months
57.5
months
Marlborough Free Kindergarten Association IncorporatedExcessive
Religion• BlenheimGrade F
57.3
months
The Kindness Collective FoundationExcessive
Environment• AucklandGrade C+
55.2
months
Milford FoundationExcessive
Other• AucklandGrade C+
55.1
months
Tuu Oho Mai ServicesExcessive
Religion• HamiltonGrade F
54.2
months
Canterbury Direct Investments LimitedExcessive
Social Services• ChristchurchGrade C-
53.6
months
Tennis New Zealand Incorporated Excessive
Community Development• AucklandGrade C
52.2
months
Laidlaw College IncorporatedExcessive
Religion• AucklandGrade C-
51.7
months
WellStopExcessive
Social ServicesGrade F
50.9
months
AttainAble TrustExcessive
Health• AucklandGrade B+
50.2
months
Kii Tahi LimitedExcessive
OtherGrade C-
50.1
months
Heartland TrustExcessive
Environment• AucklandGrade D
50.0
months
49.7
months
Christ's College CanterburyExcessive
Other• ChristchurchGrade C
49.7
months
Medecins Sans Frontieres New Zealand Charitable TrustExcessive
Research• WhangareiGrade C+
49.0
months
National Urban Maori AuthorityExcessive
Māori Development• AucklandGrade F
48.8
months
48.6
months
Otautahi Community Housing TrustExcessive
Other• ChristchurchGrade C
48.1
months
Arthritis New Zealand (Mateponapona Aotearoa)Excessive
Education• WellingtonGrade B-
48.0
months
Te Aute Trust Board IncorporatedExcessive
Religion• AucklandGrade C
48.0
months
Mauao TrustExcessive
Other• TaurangaGrade B+
47.9
months
Reconnect Family Services Te Ope Pirita LimitedExcessive
Social Services• AucklandGrade D
47.2
months
Literacy Aotearoa Hauraki Charitable TrustExcessive
Other• ThamesGrade D
46.7
months
Northbridge Lifecare TrustExcessive
Other• AucklandGrade D
46.5
months
Save The Kiwi TrustExcessive
Sports & Recreation• AucklandGrade C+
45.8
months
44.8
months
Dunedin Community Childcare Association IncorporatedExcessive
Religion• DunedinGrade C
44.5
months
Horowhenua Learning Centre Trust BoardExcessive
Religion• LevinGrade B-
44.2
months
City East Charitable TrustExcessive
Religion• ChristchurchGrade D
43.8
months
43.4
months
The Kawerau Social Services Trust BoardExcessive
Arts & Culture• KawerauGrade B-
42.9
months
42.9
months
Atiawa Ki Whakarongotai Charitable Trust BoardExcessive
Other• WaikanaeGrade B+
42.8
months
Te Papa Foundation Excessive
Other• WellingtonGrade B+
42.7
months
Nga Wairiki - Ngati Apa Charitable TrustExcessive
Other• MartonGrade B+
42.7
months
Cure KidsExcessive
Other• AucklandGrade C-
40.9
months
Auckland City MissionExcessive
Other• AucklandGrade D
40.7
months
New Zealand National Committee For Unicef Trust BoardExcessive
Other• WellingtonGrade C+
40.6
months
Sport WaikatoExcessive
Community Development• HamiltonGrade C-
40.6
months
Te Hauora o Ngati Haua TrustExcessive
Other• WaharoaGrade D
40.4
months
The Tongan Health Society IncorporatedExcessive
Education• AucklandGrade F
40.0
months
Refugees As Survivors New Zealand TrustExcessive
Education• AucklandGrade B-
39.9
months
The Wellington Regional Sports Education TrustExcessive
Community Development• WellingtonGrade B-
39.7
months
Family ActionExcessive
Social Services• AucklandGrade C
39.5
months
Life Education Trust NZExcessive
Religion• WellingtonGrade C+
39.4
months
Auckland Museum Trust BoardExcessive
Other• AucklandGrade B-
39.3
months
Ngaruawahia Tu Tangata Charitable TrustExcessive
Other• NgaruawahiaGrade B-
39.1
months
Antarctic Heritage TrustExcessive
Sports & Recreation• ChristchurchGrade B
38.9
months
The Hillview Trust IncorporatedExcessive
Arts & Culture• Te KuitiGrade D
38.1
months
Anglican Diocesan Ministry Support CentreExcessive
Religion• ChristchurchGrade C-
37.7
months
Knox Home TrustExcessive
Other• AucklandGrade C-
36.9
months
Massey UniversityExcessive
OtherGrade D
36.5
months
36.2
months
35.8
months
The Girl Guides Association New Zealand IncorporatedExcessive
Religion• ChristchurchGrade F
35.7
months
Faapotopotoga Au Uso Kerisiano (Ranui Chapel)Excessive
Religion• AucklandGrade C
35.6
months
Te Runanganui O Te Atiawa Ki Te Upoko O Te Ika A Maui IncorporatedExcessive
Social Services• Lower HuttGrade C-
34.9
months
34.7
months
Bureau Services LimitedExcessive
Social Services• AucklandGrade B-
34.6
months
Trust For The Destruction Of Synthetic RefrigerantsExcessive
Sports & Recreation• AucklandGrade C
34.6
months
Anglican Diocese Of Waikato & TaranakiExcessive
Religion• HamiltonGrade D
34.6
months
Tamahere Eventide Home TrustExcessive
Other• HamiltonGrade C
34.3
months
34.3
months
The Spectrum FoundationExcessive
Health• AucklandGrade F
34.2
months
34.1
months
Stand Children's Services Tu Maia WhanauExcessive
Other• WellingtonGrade F
33.6
months
The Churchill Private Hospital TrustExcessive
Education• BlenheimGrade C+
32.9
months
The Jasmine Charitable TrustExcessive
Other• WellingtonGrade C
32.8
months
Bainfield Adventist Charitable TrustExcessive
Religion• InvercargillGrade B+
32.5
months
Kirikiriroa Family Services TrustExcessive
Social Services• HamiltonGrade F
32.4
months
St Joseph's Maori Girls' College Trust BoardExcessive
Arts & Culture• NapierGrade F
32.1
months
Scots College IncorporatedExcessive
Other• WellingtonGrade F
31.8
months
Tu Tama Wahine o Taranaki IncorporatedExcessive
Social Services• WaitaraGrade C
31.8
months
Museum Of Transport And TechnologyExcessive
Other• AucklandGrade C+
31.5
months
Airedale Property TrustExcessive
Other• AucklandGrade D
31.1
months
Archer Memorial Baptist Home TrustExcessive
Arts & Culture• ChristchurchGrade D
31.1
months
Bethsaida Trust Board IncExcessive
Social Services• BlenheimGrade B+
31.0
months
30.9
months
University of OtagoExcessive
Other• DunedinGrade C+
30.4
months
Te Hau Ora O Ngapuhi LimitedExcessive
Education• KaikoheGrade F
30.2
months
Christians Against Poverty New ZealandExcessive
Social Services• AucklandGrade C
30.2
months
The Christian Church Community TrustExcessive
Religion• DobsonGrade C+
29.8
months
28.9
months
28.7
months
Te Ao HouExcessive
Social Services• OpotikiGrade F
28.0
months
Otago Museum Trust BoardExcessive
Community Development• DunedinGrade F
27.7
months
26.7
months
26.4
months
Bidwill Trust HospitalExcessive
Education• TimaruGrade C+
26.4
months
St Margaret's Residential College Council IncorporatedExcessive
Arts & Culture• DunedinGrade F
26.3
months
Grace TrustExcessive
Education• AucklandGrade B-
26.2
months
25.7
months
Alan Duff Charitable FoundationExcessive
Religion• AucklandGrade B
25.6
months
Talk Link TrustExcessive
Health• AucklandGrade B-
25.5
months
Christian Savings LimitedExcessive
Other• AucklandGrade C
25.2
months
Howick Baptist Healthcare LimitedExcessive
Other• AucklandGrade C
25.2
months
Te Runanga-o-Turanganui-a-KiwaExcessive
Other• GisborneGrade F
25.2
months
Zero Invasive Predators LimitedExcessive
Sports & Recreation• WellingtonGrade C-
25.1
months
Te Manu Toroa TrustExcessive
Education• TaurangaGrade C+
24.9
months
Arts Foundation of New ZealandExcessive
Community Development• ChristchurchGrade B+
24.9
months
College HouseExcessive
Arts & Culture• ChristchurchGrade F
24.9
months
Te Puna TrustExcessive
OtherGrade C+
24.9
months
Mental Health Foundation of New ZealandExcessive
Education• AucklandGrade C+
24.8
months
Arise ChurchExcessive
Religion• Lower HuttGrade D
24.6
months
Kristin School Charitable TrustExcessive
Other• AucklandGrade C
24.2
months
Healthwest LimitedExcessive
Education• AucklandGrade D
24.2
months
Habitat for Humanity New Zealand LimitedExcessive
Other• AucklandGrade F
23.9
months
23.7
months
Taranaki Free Kindergarten Association IncorporatedHigh
Religion• New PlymouthGrade F
23.7
months
23.3
months
World Wide Fund for Nature New ZealandHigh
Sports & Recreation• WellingtonGrade C
22.9
months
The Starship FoundationHigh
Other• AucklandGrade B-
22.5
months
Te Ahoroa MaraeHigh
OtherGrade C-
22.5
months
Cambridge Resthaven Trust Board IncorporatedHigh
Education• CambridgeGrade C+
22.2
months
Blood Cancer NZHigh
Education• AucklandGrade C-
22.2
months
22.1
months
Christchurch Methodist Central MissionHigh
Other• ChristchurchGrade C
21.9
months
Te Whanau O Waipareira TrustHigh
Other• Waitakere CityGrade C
21.6
months
Great Potentials FoundationHigh
Social Services• AucklandGrade F
21.5
months
Habitat For Humanity Central Region LimitedHigh
Arts & Culture• HamiltonGrade F
21.5
months
Clutha Health IncorporatedHigh
Education• BalcluthaGrade D
21.5
months
Key Assets NZ LimitedHigh
Social Services• AucklandGrade D
21.4
months
Beyond Imagination TrustHigh
Religion• Mount MaunganuiGrade B
21.2
months
Anglican Trust for Women and ChildrenHigh
Social Services• AucklandGrade B-
21.2
months
20.9
months
20.8
months
Masonic Care LimitedHigh
Other• Lower HuttGrade D
20.4
months
Auckland Rescue Helicopter TrustHigh
Other• AucklandGrade C+
20.3
months
The St Margarets College Trust BoardHigh
Other• ChristchurchGrade C+
20.0
months
Higher Ground Drug Rehabilitation TrustHigh
Education• AucklandGrade F
20.0
months
Waikato Kindergarten AssociationHigh
Other• HamiltonGrade C
20.0
months
Ngati Ranginui Iwi Society IncorporatedHigh
Other• TaurangaGrade C
19.7
months
Malcorp Biodiscoveries LimitedHigh
Other• WellingtonGrade D
19.7
months
The Malaghan Institute of Medical ResearchHigh
Other• WellingtonGrade C-
19.7
months
Abilities IncorporatedHigh
Health• AucklandGrade C+
19.6
months
Activate Faith Group TrustHigh
Other• HamiltonGrade C
19.5
months
19.4
months
RNZWCS LIMITEDHigh
OtherGrade F
19.4
months
19.4
months
Te Kohanga Reo National Trust BoardHigh
Other• WellingtonGrade C
19.3
months
K'AUTE PASIFIKA TRUSTHigh
OtherGrade C+
19.3
months
Te Taumata o Ngati Whakaue Iho Ake TrustHigh
Religion• RotoruaGrade F
19.2
months
Maori Education TrustHigh
Religion• WellingtonGrade D
18.9
months
The Royal Society of New ZealandHigh
Religion• WellingtonGrade F
18.9
months
STRIVE Community TrustHigh
Other• AucklandGrade C
18.8
months
Downie Stewart FoundationHigh
Other• DunedinGrade B+
18.8
months
Bible Society In New Zealand IncorporatedHigh
Religion• AucklandGrade C-
18.5
months
18.3
months
Recycle Kingdom Investment TrustHigh
Religion• ChristchurchGrade B-
18.0
months
Penina TrustHigh
Other• AucklandGrade C
18.0
months
17.8
months
Pegasus Health (LP) Limited Comfortable
Education• ChristchurchGrade C+
17.8
months
Roopu A Iwi TrustComfortable
OtherGrade B-
17.6
months
Queen Elizabeth The Second National TrustComfortable
Other• WellingtonGrade B+
17.4
months
17.4
months
Porirua FoundationComfortable
Other• PoriruaGrade B
17.4
months
Marlborough Kaikoura Trail TrustComfortable
OtherGrade D
17.3
months
Canterbury Westland Kindergarten Association IncorporatedComfortable
Other• ChristchurchGrade B+
17.2
months
Te Runanga O Kaikoura LimitedComfortable
Other• KaikoraGrade B-
17.2
months
Manurewa Marae Trust Board 2008 IncorporatedComfortable
Other• AucklandGrade C+
17.1
months
Te Kohao Health LimitedComfortable
Other• HamiltonGrade B
17.1
months
Presbyterian Support SouthlandComfortable
Other• InvercargillGrade B-
16.9
months
16.9
months
ANZUP Cancer Trials Group LimitedComfortable
Other• SydneyGrade B-
16.9
months
Activate Foundation TrustComfortable
Other• HamiltonGrade C+
16.6
months
Toi Mai Workforce Development CouncilComfortable
Religion• WellingtonGrade C+
16.4
months
Hauora Hokianga TrustComfortable
Other• NorthlandGrade B
16.1
months
Raukawa Charitable TrustComfortable
OtherGrade B-
15.9
months
North Canterbury Sport And Recreation TrustComfortable
Community Development• RangioraGrade B
15.9
months
Estate of Josiah HowardComfortable
Religion• WellingtonGrade B
15.8
months
Tuatapere Hump Track Charitable TrustComfortable
Community Development• TuatapereGrade C-
15.5
months
St Andrew's Presbyterian College Board Of Governors IncorporatedComfortable
Religion• ChristchurchGrade B-
15.3
months
Akarana Marine Sports Charitable TrustComfortable
Community Development• AucklandGrade B
15.1
months
Auckland UniServices LimitedComfortable
Religion• AucklandGrade C+
14.8
months
Cancer Society of New Zealand Wellington Division IncorporatedComfortable
Education• WellingtonGrade B+
14.8
months
CHT Healthcare TrustComfortable
Other• AucklandGrade B
14.6
months
Tuhono TrustComfortable
Other• HamiltonGrade B+
14.5
months
Te Aitanga a Mahaki TrustComfortable
International Aid• GisborneGrade B-
14.5
months
14.4
months
Selwyn House School Trust BoardComfortable
Religion• ChristchurchGrade B-
14.3
months
Waitomo Waipa Womens Refuge IncorporatedComfortable
Other• Te KuitiGrade B-
14.2
months
The Cranford Hospice TrustComfortable
Education• HastingsGrade B-
14.0
months
Aotearoa Clinical Trials TrustComfortable
Education• AucklandGrade B-
13.9
months
National Assistance FundComfortable
Other• AucklandGrade B
13.6
months
13.5
months
Palmerston North Fire Brigade Vintage Equipment Society IncorporatedComfortable
Community Development• Palmerston NorthGrade D
13.5
months
13.3
months
Orana Wildlife TrustComfortable
Sports & Recreation• ChristchurchGrade C-
13.2
months
ARATAKI MINISTRIES LIMITEDComfortable
Education• WhangareiGrade B-
13.1
months
Napier Free Kindergarten Association IncorporatedComfortable
Religion• NapierGrade D
12.5
months
Pūhoro Charitable TrustComfortable
OtherGrade B-
12.4
months
Asia New Zealand FoundationComfortable
Religion• WellingtonGrade B
12.2
months
Te Hauora o Turanganui a Kiwa LimitedComfortable
Education• GisborneGrade D
12.0
months
Te Runanga o Ngati WhatuaHealthy
Other• WhangareiGrade B
11.9
months
Te Rau Puāwai Education TrustHealthy
Other• AucklandGrade B-
11.9
months
11.8
months
Papakura Marae Society IncorporatedHealthy
Education• PapakuraGrade D
11.8
months
Institute of Managers and Leaders LimitedHealthy
Religion• AucklandGrade D
11.7
months
Blue Light Ventures IncorporatedHealthy
Other• PapakuraGrade B+
11.6
months
Royal New Zealand Plunket TrustHealthy
Education• WellingtonGrade B-
11.6
months
Canterbury West Coast Sports TrustHealthy
Community Development• ChristchurchGrade C+
11.5
months
11.4
months
Make A Wish Foundation of New Zealand TrustHealthy
Other• AucklandGrade B-
11.4
months
Manaaki Ora TrustHealthy
OtherGrade C+
11.3
months
Matapuna TrustHealthy
OtherGrade C+
11.2
months
Activate Developments LimitedHealthy
Animal Welfare• HamiltonGrade C
11.1
months
Ahuwhenua Trust BoardHealthy
Other• WellingtonGrade B+
11.0
months
11.0
months
Ngapuhi Iwi Social Services LimitedHealthy
Other• KaikoheGrade C+
10.5
months
Monte Cecilia Housing TrustHealthy
Other• AucklandGrade B
10.4
months
Bridge Housing Charitable TrustHealthy
Arts & Culture• HamiltonGrade B-
10.4
months
Best Care (Whakapai Hauora) Charitable TrustHealthy
Education• Palmerston NorthGrade C+
10.2
months
Cancer Society Of New Zealand Central Districts Division IncHealthy
Education• Palmerston NorthGrade B+
10.2
months
Student Job Search Aotearoa IncorporatedHealthy
Social Services• WellingtonGrade C-
10.1
months
Whaiora Whanui TrustHealthy
Education• MastertonGrade B
9.9
months
Home in Place (New Zealand) LimitedHealthy
Arts & Culture• AucklandGrade B
9.9
months
Te Whakaruruhau 2013 IncorporatedHealthy
Other• HamiltonGrade B+
9.9
months
9.8
months
I Am Hope FoundationHealthy
Other• AucklandGrade B
9.8
months
Maori Television ServicesHealthy
Other• AucklandGrade C-
9.7
months
Karori Sanctuary TrustHealthy
OtherGrade C+
9.5
months
Golf New Zealand Korowhā Aotearoa IncorporatedHealthy
Community Development• AucklandGrade C
9.4
months
9.3
months
Kati Huirapa Runaka Ki Puketeraki IncorporatedHealthy
Arts & Culture• KaritaneGrade B-
9.1
months
Internet New Zealand IncorporatedHealthy
Other• WellingtonGrade B-
9.1
months
Queen Margaret College IncorporatedHealthy
Other• WellingtonGrade B-
9.1
months
Life Education Trust SouthlandHealthy
Other• InvercargillGrade B
9.0
months
Aviva (incorporating Christchurch Women's Refuge) Charitable TrustHealthy
Social Services• ChristchurchGrade B+
9.0
months
8.9
months
The Cawthron Institute Trust BoardHealthy
Other• NelsonGrade B-
8.9
months
Literacy Aotearoa Charitable TrustHealthy
Religion• AucklandGrade C+
8.9
months
Odyssey House Trust ChristchurchHealthy
Other• ChristchurchGrade B-
8.8
months
Te Manahuna Aoraki LimitedHealthy
Sports & Recreation• AucklandGrade B-
8.7
months
Greenpeace Aotearoa IncorporatedHealthy
Environment• AucklandGrade C
8.5
months
Affinity Services Charitable TrustHealthy
Social Services• AucklandGrade B-
8.5
months
Kalia Healthy
Environment• BlenheimGrade B
8.4
months
The Life Flight TrustHealthy
Other• WellingtonGrade B-
8.4
months
Ngaakau Tapatahi Trust BoardHealthy
Other• HamiltonGrade B
8.4
months
The Fred Hollows Foundation (NZ)Healthy
Other• AucklandGrade C
8.3
months
Te Kotuku Ki Te Rangi Charitable TrustHealthy
Social Services• AucklandGrade C+
8.3
months
Soka Gakkai International of New ZealandHealthy
Religion• WellingtonGrade B
8.3
months
Te Hauora O Te Hiku O Te Ika TrustHealthy
Other• KaitaiaGrade C
8.1
months
Ka Uruora Aotearoa TrustHealthy
Arts & Culture• New PlymouthGrade C+
8.0
months
Save the Children New ZealandHealthy
Other• WellingtonGrade B-
8.0
months
8.0
months
Lincoln UniversityHealthy
Religion• LincolnGrade D
7.9
months
7.9
months
Oxfam AotearoaHealthy
Other• AucklandGrade B-
7.8
months
The Christchurch Call FoundationHealthy
Other• WellingtonGrade B
7.8
months
Ngaa Ringa Awhina O Hauora Trust BoardHealthy
Other• HamiltonGrade B
7.7
months
Maoriland Charitable TrustHealthy
OtherGrade C
7.7
months
7.7
months
Pahaoa MaraeHealthy
OtherGrade C
7.6
months
Iglesia ni Cristo (Church of Christ) IncorporatedHealthy
Religion• AucklandGrade B
7.6
months
Raukura Hauora O Tainui TrustHealthy
Other• HamiltonGrade B
7.4
months
Te Oranganui Trust (Incorporated)Healthy
Other• WhanganuiGrade C
7.4
months
Outward Bound Trust Of New ZealandHealthy
Other• AucklandGrade B-
7.3
months
Putauaki Charitable TrustHealthy
OtherGrade C
7.3
months
Auckland City Mission Housing LimitedHealthy
Arts & Culture• AucklandGrade C
7.2
months
7.1
months
Burnett Foundation AotearoaHealthy
Other• AucklandGrade B+
7.1
months
Ashburn Hall Charitable TrustHealthy
Education• DunedinGrade B
7.0
months
Age Care Central LimitedHealthy
Education• StratfordGrade B-
6.9
months
Teaching Council of Aotearoa New ZealandHealthy
Other• WellingtonGrade B-
6.9
months
Sport Waitakere TrustHealthy
Community Development• AucklandGrade B-
6.8
months
St Cuthbert's College Educational Trust BoardHealthy
Religion• AucklandGrade B-
6.8
months
TAURITE TŪ LIMITEDHealthy
Other• OtakouGrade B
6.8
months
The Mary Potter Hospice FoundationHealthy
Other• WellingtonGrade B-
6.7
months
Supreme Sikh Society of New Zealand Healthy
Religion• TakaniniGrade C+
6.7
months
Canterbury West Coast Air Rescue TrustHealthy
Other• ChristchurchGrade B-
6.6
months
Pharmaceutical Society of New Zealand IncorporatedHealthy
Education• WellingtonGrade C+
6.5
months
St Peter's School Trust BoardHealthy
Other• CambridgeGrade B-
6.4
months
6.4
months
Otago Peninsula TrustHealthy
OtherGrade C
6.3
months
Ruahine Kindergarten Association IncHealthy
Other• Palmerston NorthGrade B
6.3
months
Manna Christian Stores LimitedHealthy
Religion• AucklandGrade B-
6.2
months
Medical Council Of New ZealandHealthy
Other• WellingtonGrade B-
6.2
months
Arowhenua Whanau ServicesHealthy
Education• TemukaGrade B
6.2
months
6.1
months
Tandem MinistriesHealthy
Other• AucklandGrade B-
6.0
months
Sir Edmund Hillary Outdoors Education TrustHealthy
Other• TurangiGrade B
6.0
months
6.0
months
Dental CouncilLow
Other• WellingtonGrade D
6.0
months
Warbirds Over Wanaka Airshows LimitedLow
Other• WanakaGrade C
5.9
months
Family Success MattersLow
Social Services• AucklandGrade D
5.9
months
Ki Tua o MatarikiLow
Other• AucklandGrade B
5.8
months
The Royal New Zealand BalletLow
Other• WellingtonGrade B+
5.7
months
5.7
months
New Zealand Opera Holdings TrustLow
Community Development• AucklandGrade C+
5.7
months
New Zealand Opera LimitedLow
Community Development• AucklandGrade C+
5.6
months
Mapu Maia LimitedLow
Education• AucklandGrade C
5.6
months
Services Workforce Development CouncilLow
Other• WellingtonGrade C
5.5
months
Midwifery CouncilLow
Other• WellingtonGrade B
5.4
months
Pacific Island Homecare Services TrustLow
Other• AucklandGrade C+
5.4
months
Trees That Count Te Rahi o Tāne TrustLow
Sports & Recreation• WellingtonGrade B-
5.3
months
Smart Waikato TrustLow
OtherGrade C
5.3
months
5.3
months
Kia PuāwaiLow
Other• AucklandGrade B-
5.3
months
Site Safe New Zealand IncorporatedLow
Other• WellingtonGrade B
5.2
months
The Open Home Foundation Of New ZealandLow
Other• Lower HuttGrade B
5.1
months
Harbour Hockey Charitable TrustLow
Community Development• AucklandGrade F
5.1
months
5.1
months
5.1
months
The Anglican Action Mission TrustLow
Social Services• HamiltonGrade F
5.0
months
YMCA North IncorporatedLow
Other• AucklandGrade B
5.0
months
ConneXuLow
Other• Te AwamutuGrade B
4.9
months
4.9
months
The Arts Centre of Christchurch Trust BoardLow
Community Development• ChristchurchGrade C+
4.9
months
Visionwest Community TrustLow
Social Services• AucklandGrade B+
4.9
months
4.8
months
Aspire - Community SupportLow
Other• HamiltonGrade B-
4.8
months
Manaiakalani Education TrustLow
Religion• AucklandGrade C-
4.7
months
Te Awhi Whānau Charitable TrustLow
Education• HamiltonGrade C
4.6
months
St John Of God Hauora TrustLow
Other• ChristchurchGrade B-
4.6
months
The Isaac Conservation and Wildlife TrustLow
Sports & Recreation• ChristchurchGrade C+
4.6
months
ADL TrustLow
Education• DunedinGrade B-
4.5
months
Kotuku TrustLow
Health• AucklandGrade C
4.5
months
4.5
months
4.5
months
4.4
months
St Andrew's Village Trust (Incorporated)Low
Other• AucklandGrade B
4.4
months
Te Toi MahanaLow
Other• WellingtonGrade B-
4.4
months
Auckland Common Fund LimitedLow
Religion• AucklandGrade C
4.4
months
MASH TrustLow
Other• Palmerston NorthGrade B+
4.3
months
Barnardos New Zealand IncorporatedLow
Social Services• WellingtonGrade A-
4.3
months
The Auckland Maritime FoundationLow
Religion• AucklandGrade C+
4.3
months
Te Matapihi He Tirohanga Mo Te Iwi Trust Low
Other• Lower HuttGrade B
4.3
months
Kimi Hauora Wairau Marlborough PHO TrustLow
Other• BlenheimGrade B-
4.3
months
Te Puna Ora O Mataatua Charitable TrustLow
Other• WhakataneGrade B-
4.2
months
4.1
months
Ngati Whatua Orakei Health LimitedLow
Education• AucklandGrade F
4.1
months
Affirming Works LtdLow
Social Services• AucklandGrade B
4.1
months
Rhema Media IncorporatedLow
Religion• AucklandGrade C+
4.1
months
Royal New Zealand Coastguard IncorporatedLow
Other• AucklandGrade C+
4.0
months
OSPRI New Zealand LimitedLow
Other• WellingtonGrade B-
3.9
months
CAPS Hauraki IncorporatedLow
Social Services• ThamesGrade D
3.9
months
Ronald McDonald House Charities New Zealand TrustLow
Arts & Culture• AucklandGrade C-
3.8
months
Canteen Aotearoa IncorporatedLow
Education• AucklandGrade B
3.8
months
3.7
months
Otara Health Charitable TrustLow
Other• AucklandGrade B-
3.7
months
Apprenticeship Training TrustLow
Religion• AucklandGrade C
3.7
months
TBfree New Zealand LimitedLow
Other• WellingtonGrade B-
3.6
months
Laura Fergusson Brain Injury TrustLow
Health• ChristchurchGrade C
3.6
months
Creative NorthlandLow
OtherGrade C
3.5
months
Aukaha (1997) LimitedLow
Other• DunedinGrade B+
3.5
months
The O'Conor Institute Trust BoardLow
Arts & Culture• WestportGrade B-
3.4
months
Turuki Health Care Charitable TrustLow
Other• AucklandGrade C
3.4
months
St John Of God Health Care IncorporatedLow
Education• Western AustraliaGrade C
3.2
months
ADL LimitedLow
Education• DunedinGrade B-
3.2
months
Central Otago Health IncorporatedLow
Other• ClydeGrade B-
3.1
months
Apprentice Training New Zealand 2010 TrustLow
Other• AucklandGrade B-
3.1
months
Screensouth LimitedLow
Other• ChristchurchGrade B
3.1
months
The Royal Australasian College of SurgeonsLow
Other• WellingtonGrade C+
3.1
months
Anglican Family Care Centre IncorporatedLow
Social Services• DunedinGrade B
3.1
months
Ngati Porou Hauora IncorporatedLow
Other• Tokomaru BayGrade B-
3.0
months
Reconnecting NorthlandLow
OtherGrade C
3.0
months
Christ Church Cathedral Reinstatement LimitedLow
Religion• ChristchurchGrade F
3.0
months
2.9
months
Activate Education Group LimitedLow
Religion• HamiltonGrade C+
2.9
months
2.9
months
Auckland Philharmonia TrustLow
Community Development• AucklandGrade C-
2.9
months
EquipLow
Education• AucklandGrade F
2.9
months
The South Seas Health Care TrustLow
Other• AucklandGrade B
2.8
months
2.8
months
The Chris Ruth Centre TrustLow
Health• ChristchurchGrade C+
2.8
months
Community Energy Action Charitable TrustLow
Arts & Culture• ChristchurchGrade C
2.8
months
Ngati Kahungunu Iwi IncorporatedLow
Other• HastingsGrade B-
2.7
months
Skills Active Aotearoa LimitedLow
Religion• WellingtonGrade C
2.7
months
2.7
months
Tui Ora LimitedLow
Other• New PlymouthGrade B-
2.6
months
Academy Of Diving TrustLow
Religion• Palmerston NorthGrade B-
2.6
months
Whanganui Regional Health NetworkLow
Other• WanganuiGrade B
2.4
months
Ngati Hine Health Trust BoardLow
Education• WhangareiGrade F
2.4
months
Te Awakairangi Health NetworkLow
Other• Lower HuttGrade C+
2.3
months
Simplicity FoundationLow
Other• WellingtonGrade B-
2.2
months
Cognition Education LimitedLow
Other• AucklandGrade B-
2.2
months
New Zealand Olympic Committee IncorporatedLow
Other• AucklandGrade C-
2.2
months
Graeme Dingle FoundationLow
Other• AucklandGrade B-
2.2
months
Bethlehem Institute LimitedLow
Religion• TaurangaGrade B-
2.2
months
2.2
months
The Chelsea Hospital Trust BoardLow
Education• GisborneGrade C
2.2
months
Nurse Maude AssociationLow
Other• ChristchurchGrade B-
2.1
months
Predator Free 2050 LimitedLow
Other• AucklandGrade B-
2.0
months
WellSouth Primary Health NetworkLow
Education• DunedinGrade C-
1.9
months
1.9
months
Nga Mataapuna Oranga LimitedLow
Other• TaurangaGrade B-
1.9
months
InfoxchangeLow
Other• ChristchurchGrade C-
1.9
months
Community Colleges New Zealand LimitedLow
Religion• RangioraGrade F
1.9
months
1.8
months
1.8
months
Otago Peninsula Biodiversity TrustLow
Other• DunedinGrade B-
1.7
months
Central Otago Health Services LimitedLow
Other• Central OtagoGrade B-
1.7
months
AktiveLow
Other• AucklandGrade B-
1.7
months
1.7
months
Saint Mark's Church School TrustLow
Religion• WellingtonGrade C+
1.7
months
New Zealand Methodist Trust AssociationLow
Other• ChristchurchGrade C-
1.6
months
1.5
months
Gateway Christian Centre TrustLow
Religion• HamiltonGrade F
1.5
months
Te Pou Matakana LimitedLow
Other• AucklandGrade C+
1.4
months
AUSA Investment TrustLow
Religion• AucklandGrade C+
1.4
months
The North Shore Events Centre Trust BoardLow
Community Development• AucklandGrade F
1.4
months
The New Zealand Drug FoundationLow
Education• WellingtonGrade C
1.4
months
Events Centre Enterprises LimitedLow
Community Development• AucklandGrade F
1.4
months
Te Wakahuia Manawatu TrustLow
Education• Palmerston NorthGrade C
1.4
months
Brackenridge Services LimitedLow
Other• ChristchurchGrade C+
1.3
months
1.3
months
Inspiring Stories TrustLow
Other• WellingtonGrade B+
1.3
months
He Manawa tītī Youth Trust LimitedLow
Environment• TaurangaGrade C
1.2
months
Grace Foundation Charitable TrustLow
Other• AucklandGrade B-
1.2
months
Tawhiri LimitedLow
Other• WellingtonGrade A
1.2
months
Turuki Health Care LimitedLow
Education• AucklandGrade C-
1.1
months
Te Roopu Taurima o Manukau TrustLow
Other• AucklandGrade B-
1.1
months
1.1
months
1.0
months
Auckland PHO LimitedLow
Other• AucklandGrade B-
1.0
months
Fusion Trust BoardLow
Religion• ChristchurchGrade C-
1.0
months
Airedale Residential LimitedLow
Arts & Culture• Auckland Grade C
0.9
months
Waka Pacific TrustLow
Community Development• AucklandGrade C
0.9
months
Whakarewarewa Village Charitable TrustLow
Community Development• RotoruaGrade C+
0.9
months
0.9
months
Aotearoa Land and Housing TrustLow
Arts & Culture• ChristchurchGrade C
0.9
months
Te Tihi O Ruahine Whanau Ora Alliance Charitable TrustLow
Education• Palmerston NorthGrade F
0.9
months
He Waka Tapu LimitedLow
Social Services• ChristchurchGrade F
0.9
months
Nova Trust BoardLow
Education• ChristchurchGrade F
0.9
months
Ngatiwai Trust BoardLow
Environment• WhangareiGrade F
0.8
months
Te Hua o te Kawariki TrustLow
International Aid• OpononiGrade F
0.8
months
Hamilton Multicultural Services TrustLow
Environment• HamiltonGrade C
0.8
months
0.8
months
Skills Active Te Mahi Ako LimitedLow
Religion• WellingtonGrade C
0.8
months
Whai Maia Charitable Trust 1Low
Other• AucklandGrade C+
0.7
months
Te Matatini Society IncorporatedLow
Other• WellingtonGrade D
0.7
months
Auckland Regional Amenities Funding BoardLow
Other• AucklandGrade B-
0.6
months
East Health Trust BoardLow
Other• AucklandGrade C-
0.6
months
Cathedral Blessed Virgin Mary, HamiltonLow
Religion• HamiltonGrade C+
0.6
months
SCIP LimitedLow
Education• ChristchurchGrade F
0.5
months
Home Support North Charitable TrustLow
Other• WhangareiGrade C+
0.5
months
Otago Southland Rescue Helicopter TrustLow
Research• DunedinGrade C
0.4
months
The Lifewise TrustLow
Other• AucklandGrade B-
0.4
months
Manaaki Kaimai Mamaku TrustLow
Sports & Recreation• TaurangaGrade F
0.4
months
Mauao Performing Arts Centre Charitable TrustLow
Other• Mount MaunganuiGrade B+
0.4
months
0.3
months
Total Healthcare Charitable TrustLow
Other• AucklandGrade B-
0.3
months
Knox College and Salmond College IncorporatedLow
Arts & Culture• DunedinGrade C
0.3
months
World Vision of New Zealand Trust BoardLow
Environment• AucklandGrade F
0.3
months
St Peters Presbyterian ChurchLow
Religion• TaurangaGrade C+
0.2
months
Central Air Ambulance Rescue LimitedLow
Other• TaupōGrade B
0.2
months
Waitaha Primary Health LimitedLow
Other• DunedinGrade B
0.2
months
CCS Disability Action IncorporatedLow
Health• WellingtonGrade F
0.1
months
Health Hawke's Bay LimitedLow
Other• HastingsGrade B-
0.1
months
Christchurch PHO LimitedLow
Education• DunedinGrade C-
0.1
months
Aroha Care Centre For The ElderlyLow
Education• Lower HuttGrade B-
0.1
months
ProCare Health (PHO) LimitedLow
Education• AucklandGrade C-

Understanding Reserve Levels

Reserve Categories

  • Excessive (>24 months): Significantly above best practices
  • High (18-24 months): May warrant scrutiny
  • Comfortable (12-18 months): Upper end of healthy range
  • Healthy (6-12 months): Best practice range
  • Low (<6 months): May indicate vulnerability

Why Excessive Reserves Are Problematic

  • Donor funds not being used for charitable purpose
  • Opportunity cost - funds could help beneficiaries now
  • May indicate governance issues or mission drift
  • Reduces transparency about actual operational needs
  • Can mask inefficiencies in fundraising or operations

Exception: Endowment Foundations

Endowment foundations (marked with an "Endowment" badge) are a special case. Their purpose is to hold capital permanently and distribute only the investment income to support charitable causes. High reserves are expected and appropriate for these organisations.