Crester Foundation Limited — Religion Charity in Christchurch
Crester Foundation Limited is a Company charity in the Religion sector, based in Christchurch, Christchurch. This organisation also provides funding to other charities. CharityData rates this charity B+ (81.3/100). Annual revenue: $1.0M NZD. Financial data as at March 2025.
Mission: To operate a Finance business for the purpose of distributing funds to both organisations and individuals to spread the christian faith, relieve poverty and assist people in need.
- Registration Number
- CC21586
- Charity Type
- Company
- Registration Date
- 2008-03-04
- Status
- Active
- CharityData Rating
- B+ (81.3/100)
- Sector
- Religion
- Location
- Christchurch, Christchurch
- hphanna@hphanna.co.nz
- Funder Status
- Grant-making charity (foundation)
- Data as at
- March 2025
Beneficiaries: Animals, Children / young people, Family / whanau, General public, Migrants / refugees, Older people, Other charities, People of a certain ethnic / racial origin, People with disabilities, Religious groups, Voluntary bodies other than charities
Financial Summary
- Total Revenue
- $1.0M NZD
- Total Expenses
- $0.3M NZD
- Total Assets
- $9.3M NZD
- Net Assets
- $9.0M NZD
- Reserve Months
- 0.6 months of operating expenses
- Financial Year End
- 2025-03-31
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2025 | $1.0M | $0.3M | $9.0M |
| 2024 | $1.4M | $0.7M | $8.4M |
| 2023 | $0.8M | $0.6M | $7.8M |
| 2022 | $0.9M | $0.6M | $7.6M |
| 2021 | $0.9M | $0.5M | $7.2M |
| 2020 | $0.8M | $0.6M | $6.9M |
| 2019 | $0.6M | $0.5M | $6.6M |
| 2018 | $0.9M | $0.6M | $6.5M |
| 2017 | $1.2M | $0.8M | $6.6M |
| 2016 | $1.1M | $0.8M | $6.2M |
CharityData Rating
- Overall Grade
- B+
- Overall Score
- 81.3/100
- Financial Score
- 92.5
- Governance Score
- 55
- Transparency Score
- 65
Board Members and Officers
Current Officers (1)
| Name | Role | Appointed |
|---|---|---|
| David Diggs | Director | 2008-03-05 |
Former Officers (1)
- Noelene Diggs — Director (departed 2021-10-28)
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Crester Foundation Limited
Financial data as at March 2025. Sourced from Charities Services register.
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.
- Small board structure1 current officer listed on the register — best-practice boards have 5+ members with separation of duties
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.
$954.4K
$349.3K
$9.3M
Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.
Endowment Foundation
Special Entity TypeThis 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
GrantmakerThis organisation makes grants or donations to other charities and organisations.
About
To operate a Finance business for the purpose of distributing funds to both organisations and individuals to spread the christian faith, relieve poverty and assist people in need.
Who We Serve
Key Statistics
Financial Trends
Financial Trends (17 Years)
Revenue Breakdown
Expense Breakdown
API DataBased on annual return data. Detailed program/admin breakdown not available.
Financial Health Dashboard
Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology
Revenue Diversification
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 193 peers · Religion · $100K – $1M
Top Peers in Group
Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.
Rating History
Rating
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FY2024Contact Details
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Sector & Activities
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: 6 October 2026.
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