Legacy Property Group — Religion Charity in Palmerston North

Legacy Property Group is a Trust charity in the Religion sector, based in Palmerston North, Palmerston North. Annual revenue: $0.3M NZD. Financial data as at March 2025.

Mission: Spread the Good News of the Lord Jesus Christ. Help those in need in Aotearoa/NZ by providing them with basics of love, food, clothing and shelter. Help those in need in Aotearoa/NZ by providing them with responsive social and community services that break generational cycles of addiction, crime and poverty. Work closely in conjunction with the Legacy Church, Legacy Centre and Legacy Housing Charitable Trust.

Registration Number
CC58458
Charity Type
Trust
Registration Date
2020-11-24
Status
Active
Sector
Religion
Location
Palmerston North, Palmerston North
Email
centraladmin@legacy.net.nz
Data as at
March 2025

Beneficiaries: General public

Financial Summary

Total Revenue
$0.3M NZD
Total Expenses
$0.3M NZD
Total Assets
$3.7M NZD
Net Assets
$2.2M NZD
Reserve Months
0.0 months of operating expenses
Volunteers
0
Financial Year End
2025-03-31

Financial History

YearRevenueExpensesNet Assets
2025$0.3M$0.3M$2.2M
2024$0.2M$0.2M$2.1M
2023$1.8M$0.1M$2.0M
2022$0.3M$0.0M$0.1M
2021$0.1M$0.0M$0.1M

Board Members and Officers

Current Officers (7)

NameRoleAppointed
Bradley FordyceTrustee2025-09-17
Steve ClarkTrustee2025-09-17
Kelly NixonTrustee2024-12-15
Barrett RuakereTrustee2023-04-30
John FaizTrustee2020-10-05
Clinton DuffyTrustee2020-10-05
John CrowtherTrustee2020-10-05

Former Officers (3)

  • David Lee — Trustee (departed 2024-12-15)
  • Graeme Huff — Trustee (departed 2023-03-03)
  • Letitia Montford — Trustee (departed 2023-03-03)

Funding Sources

  • Pub Charity Limited — $15,050
  • Lion Foundation — $10,000
  • The Lion Foundation — $10,000

Similar Charities in Religion

ReligionTrust

Legacy Property Group

CC58458Palmerston North, Palmerston NorthRegistered 24 Nov 2020
Data updated: 5 days ago
Financials31 Mar 2025Rating2d ago

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

NR
Not rated — Subsidiary of a service-delivering parent — see the parent charity's rating

This entity is registered as a charity but functions as a property, trading, or investment vehicle held by a service-delivering parent (a church, school, hospital, professional association, or similar). Its purpose is to hold or trade assets on the parent's behalf — not to deliver programs to public beneficiaries on its own books. The standard charity rating template (program-vs-administration split, reserve-months, fundraising efficiency) doesn't apply at the subsidiary level — those signals are meaningful at the parent level. A letter grade is withheld here rather than producing a misleading F driven by template-fit. Look up the parent charity by name for its rating.

How ratings work →

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 7. 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

$312.7K

Expenses

$251.6K

Assets

$3.7M

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

Subsidiary

Special Entity Type

This organization is a subsidiary or branch of a parent charity.

About

Mission

Spread the Good News of the Lord Jesus Christ. Help those in need in Aotearoa/NZ by providing them with basics of love, food, clothing and shelter. Help those in need in Aotearoa/NZ by providing them with responsive social and community services that break generational cycles of addiction, crime and poverty. Work closely in conjunction with the Legacy Church, Legacy Centre and Legacy Housing Charitable Trust.

Who We Serve

Beneficiaries
General public

Key Statistics

Annual Revenue
$312.7K
Total Expenses
$251.6K
Net Assets
$2.2M
Volunteers
0

Financial Trends

Financial Trends (5 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
3.1mo
Could operate 3.1 months with zero revenue
Low reserves
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

0
Score /100
Highly Concentrated
HHI: 10,000
High Concentration: 100% of revenue from Other
Other100.0%
Investment Income0.0%

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

Peer Comparison

Ranked against 198 peers · Religion · $100K – $1M

Rating Score
0
#38/199
Revenue
$313K
#85/199
Reserve Months
0.0
#1/199
Surplus
$61K
#63/199
Staff Cost %
0%
#1/199

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
20
Transparency
65
View Full Score Breakdown

Is this your charity?

Claim your profile to view analytics, submit corrections, and improve your rating.

Claim This Profile

Contact Details

Address
Palmerston North, Palmerston North

Registration

Registration NumberCC58458
Entity TypeTrust
Registered24 Nov 2020
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated6 Oct 2020
Registered office
86-92, Highbury Avenue, Palmerston North

Sector & Activities

Primary Sector
Religion
Activities
Provides advice / information / advocacyProvides buildings / facilities / open spaceProvides human resources (e.g. staff / volunteers)Provides services (e.g. care / counselling)

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: 28 September 2026.