Otago Seafarers Charitable Trust — Registered Charity in Port Chalmers

Otago Seafarers Charitable Trust is a Charitable Trust charity, based in Port Chalmers, Port Chalmers. CharityData rates this charity B (76.8/100). Annual revenue: $0.2M NZD. Financial data as at March 2025.

Mission: As shown in the attached copy of the "Deed of Variation of the Otago Seafarers Charitable Trust"

Registration Number
CC10009
Charity Type
Charitable Trust
Registration Date
2007-02-13
Status
Active
CharityData Rating
B (76.8/100)
Location
Port Chalmers, Port Chalmers
Email
richard@farmaccountant.nz
Data as at
March 2025

Beneficiaries: Other - All

Financial Summary

Total Revenue
$0.2M NZD
Total Expenses
$0.0M NZD
Reserve Months
100.0 months of operating expenses
Volunteers
0
Financial Year End
2025-03-31

Financial History

YearRevenueExpensesNet Assets
2025$0.2M$0.0M-
2024$0.1M$0.1M$3.3M
2023$0.1M$0.0M$3.2M
2022$0.1M$0.0M-
2021$0.1M$0.0M-
2020$0.1M$0.0M-
2019$0.1M$0.0M-
2018$0.1M$0.0M-
2017$0.1M$0.1M-
2016$0.1M$0.1M-

CharityData Rating

Overall Grade
B
Overall Score
76.8/100
Financial Score
77.5
Governance Score
75
Transparency Score
65

Board Members and Officers

Current Officers (7)

NameRoleAppointed
Kenneth FaheyTrustee2024-11-24
Leslie BoxTrustee2024-11-24
Richard FarquharTrustee & Accountant2023-04-01
Raymond MoodieTrustee2015-09-06
Geoffrey MirkinTrustee2009-07-16
Margaret HedgesTrustee2008-08-11
Leonard Stephen BurgessChair2007-02-08

Former Officers (9)

  • Michael Webb — President (departed 2026-01-28)
  • Blair Hancock — Trustee (departed 2019-08-15)
  • Rodger Geoffrey Francis Barker — Trustee (departed 2008-08-11)
  • Ian James Farquhar — Trustee (departed 2023-05-31)
  • Carolina Anne Meikle — Trustee (departed 2008-08-11)
  • Rev John George Sinclair — Trustee (departed 2024-05-20)
  • Bernard John Cull — Trustee (departed 2015-03-11)
  • Shirley Agnes Farquhar — Managing Trustee (departed 2023-05-31)
  • James Bootten — Chair (departed 2016-06-20)

Similar Charities in Other

OtherCharitable Trust

Otago Seafarers Charitable Trust

CC10009Port Chalmers, Port ChalmersRegistered 13 Feb 2007
Data updated: Today
Financials31 Mar 2025Rating5d ago

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

B
77/100
Balance sheet from 2024 used (not reported this year)
Financial
78
Governance
75
Transparency
65
Revenue

$150.3K

Expenses

$47.1K

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.

About

Mission

As shown in the attached copy of the "Deed of Variation of the Otago Seafarers Charitable Trust"

Who We Serve

Beneficiaries
Other - All

Key Statistics

Annual Revenue
$150.3K
Total Expenses
$47.1K
Net Assets
-
Volunteers
0

Financial Trends

Financial Trends (18 Years)

Revenue Breakdown

Financial Health Dashboard

Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
47.5mo
Could operate 47.5 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

0
Score /100
Highly Concentrated
HHI: 10,000
High Concentration: 100% of revenue from Investment Income
Investment Income100.0%

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

Peer Comparison

Ranked against 46 peers · Other · $100K – $1M

Rating Score
77
#3/47
Revenue
$150K
#37/47
Reserve Months
100.0
#1/47
Surplus
$103K
#13/47
Staff Cost %
0%
#1/47

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

Rating

B
Score: 76.8/100
Financial
77.5
Governance
75
Transparency
65
Why this grade: Financial 78 × 40% + Governance 75 × 60% = 76 → B.
View Full Score Breakdown

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Latest Audit

FY2024
Clean
8 years of audit history

Contact Details

Address
Port Chalmers, Port Chalmers

Registration

Registration NumberCC10009
Entity TypeCharitable Trust
Registered13 Feb 2007
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated16 Aug 2005
Registered office
Seafareres Centre 12 George Street Port Chalmers 9023, Port Chalmers

Sector & Activities

Primary Sector
Other
Activities
Provides advice / information / advocacyProvides religious services / activitiesOther - Acts an Umbrella body

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: 1 October 2026.