Abercorn Charitable Trust No 2 — Health Charity in Gisborne

Abercorn Charitable Trust No 2 is a Incorporated Society charity in the Health sector, based in Gisborne, Gisborne. This organisation also provides funding to other charities. CharityData rates this charity B- (73.8/100). Annual revenue: $0.0M NZD. Financial data as at March 2025.

Mission: To assist other charities in the Gisborne/East Coast District.

Registration Number
CC56573
Charity Type
Incorporated Society
Registration Date
2019-01-09
Status
Active
CharityData Rating
B- (73.8/100)
Sector
Health
Location
Gisborne, Gisborne
Email
brucare@xtra.co.nz
Funder Status
Grant-making charity (charitable_trust)
Data as at
March 2025

Financial Summary

Total Revenue
$0.0M NZD
Total Expenses
$0.0M NZD
Reserve Months
216.5 months of operating expenses
Volunteers
0
Financial Year End
2025-03-31

Financial History

YearRevenueExpensesNet Assets
2025$0.0M$0.0M-
2024$0.0M$0.0M-
2023$0.0M$0.0M-
2022$0.0M$0.0M-
2021$0.0M$0.0M-
2020$0.0M--

CharityData Rating

Overall Grade
B-
Overall Score
73.8/100
Financial Score
77.5
Governance Score
65
Transparency Score
65

Board Members and Officers

Current Officers (5)

NameRoleAppointed
Darrington SlaterTrustee2021-12-07
Bruce CareyTrustee2018-12-17
Robert BosTrustee2018-12-17
Ian TamblinTrustee2018-12-17
Kenneth HaynesTrustee2018-12-17

Former Officers (1)

  • Michael Miller — Trustee (departed 2021-10-21)

Similar Charities in Health

FunderHealthIncorporated SocietyCharitable Trust

Abercorn Charitable Trust No 2

CC56573Gisborne, GisborneRegistered 9 Jan 2019
Data updated: 2 days ago
Financials31 Mar 2025Rating2d ago

Financial data as at March 2025. Sourced from Charities Services register.

B-
74/100
Financial
78
Governance
65
Transparency
65

Reasons to look carefully (1)

These structural observations are drawn from public data and are worth considering before a donation. They are not allegations of wrongdoing, and they don’t affect the charity’s letter grade.

  • No chair recorded on the register
    No chair or presiding role is recorded in the register for this board of 5. The Charities Register does not require one to be identified, so this is a gap in the public record rather than a finding about the board.

Each signal is a data-driven observation, not a judgement. They fire automatically from the figures filed with Charities Services. A charity can address any of these by filing fuller disclosure or updating its officer register. Methodology: /about/methodology/concern-signals.

Revenue

$29.9K

Expenses

$12.0K

Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.

Endowment Foundation

Special Entity Type

This is an endowment foundation that holds investments and provides grants. High reserves are expected and appropriate - this is not an operating charity.

Rating Note: Endowment foundations are rated using specialized criteria that recognize high reserves as appropriate. Metrics like grant distribution rate and investment returns are prioritized over program spending ratios.

Funder Profile

Grantmaker

This organisation makes grants or donations to other charities and organisations.

Funding Sectors
General
Beneficiaries
General Public
Geographic Focus
Gisborne

About

Mission

To assist other charities in the Gisborne/East Coast District.

Key Statistics

Annual Revenue
$29.9K
Total Expenses
$12.0K
Net Assets
-
Volunteers
0

Financial Trends

Financial Trends (6 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
216.5mo
Could operate 216.5 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

28
Score /100
Highly Concentrated
HHI: 7,218
High Concentration: 83% of revenue from Investment Income
Investment Income83.3%
Other16.7%

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

Peer Comparison

Ranked against 215 peers · Health · Under $100K

Rating Score
74
#22/216
Revenue
$30K
#75/216
Reserve Months
216.5
#1/216
Surplus
$18K
#24/216
Staff Cost %
0%
#1/216

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

Rating

B-
Score: 73.8/100
Financial
77.5
Governance
65
Transparency
65
Why this grade: Financial 78 × 40% + Governance 65 × 60% = 70 → B-.
View Full Score Breakdown

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Contact Details

Address
Gisborne, Gisborne

Registration

Registration NumberCC56573
Entity TypeIncorporated Society
Registered9 Jan 2019
StatusRegistered

Sector & Activities

Primary Sector
Health

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: 3 October 2026.