The Depression Recovery Trust — Health Charity in Wellington

The Depression Recovery Trust is a deregistered Trust charity in the Health sector, based in Wellington, Wellington. Annual revenue: $1.5M NZD. Financial data as at March 2025.

Mission: (a) to support people to achieve mental health and wellbeing in Aotearoa; (b) to improve mental health outcomes for individuals, whānau and communities in Aotearoa, in particular by addressing the mental health needs of people experiencing depression and anxiety; (c) for every object or purpose within New Zealand which is charitable in accordance with the laws of NZ and that relates to the relief of poverty, the advancement of education or any other matter beneficial to the community.

Registration Number
CC59876
Charity Type
Trust
Registration Date
2022-02-23
Status
Deregistered (2026-04-11)
Sector
Health
Location
Wellington, Wellington
Email
enquiries@whakamatutu.org.nz
Data as at
March 2025

Beneficiaries: General public

Financial Summary

Total Revenue
$1.5M NZD
Total Expenses
$2.1M NZD
Total Assets
$0.8M NZD
Net Assets
$-0.3M NZD
Reserve Months
0.0 months of operating expenses
Staff Count
14
Volunteers
0
Financial Year End
2025-03-31

Financial History

YearRevenueExpensesNet Assets
2025$1.5M$2.1M$-0.3M
2024$1.4M$1.1M$0.3M
2023$0.4M$0.3M$0.1M
2022$0.1M$0.0M-

Board Members and Officers

Current Officers (5)

NameRoleAppointed
Allan FreethTrustee2024-07-22
Derek WrightTrustee2024-05-10
Teresa WallTrustee2022-04-08
Diana CrossanChair2022-02-15
Sylvia van DykTrustee2022-02-15

Former Officers (2)

  • Iain Hines — Trustee (departed 2024-07-22)
  • Robert Buchanan — Trustee (departed 2024-01-31)

Funding Sources

  • Air Rescue Services Limited — $44,950
  • Pelorus Trust — $40,000
  • Four Winds Foundation Limited — $37,000
  • Pub Charity Limited — $20,000
  • Grassroots Trust Central Limited — $12,000
  • The Lion Foundation — $10,000
  • One Foundation — $9,873.6
  • One Foundation — $8,450
  • Pelorus Trust — $7,236.52
  • Four Winds Foundation Limited — $5,000
  • New Zealand Community Trust — $5,000

Similar Charities in Health

HealthTrustDeregistered

The Depression Recovery Trust

CC59876Wellington, WellingtonRegistered 23 Feb 2022
Data updated: 3 days ago
Financials31 Mar 2025Rating2d ago

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

DR
Deregistered — Deregistered from the Charities Services register

This charity has been removed from the Charities Services register and is no longer obliged to file annual returns. Because the charity is no longer active under the Charities Act, the standard rating is withheld. The figures shown above reflect the last filings made while the charity was registered.

How ratings work →
Revenue

$1.5M

Expenses

$2.1M

Assets

$759.2K

Staff

14

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

About

Mission

(a) to support people to achieve mental health and wellbeing in Aotearoa; (b) to improve mental health outcomes for individuals, whānau and communities in Aotearoa, in particular by addressing the mental health needs of people experiencing depression and anxiety; (c) for every object or purpose within New Zealand which is charitable in accordance with the laws of NZ and that relates to the relief of poverty, the advancement of education or any other matter beneficial to the community.

Who We Serve

Beneficiaries
General public

Key Statistics

Annual Revenue
$1.5M
Total Expenses
$2.1M
Net Assets
$-291.2K
Staff
14
employees
Volunteers
0

Financial Trends

Financial Trends (4 Years)

Revenue Breakdown

Expense Breakdown

Verified

Financial Health Dashboard

Cents to the Cause
50c
For every $1 spent, 50c reaches programs
Adequate
Sustainability
1.9mo
Could operate 1.9 months with zero revenue
Critical
Fundraising Cost
$0.02
Costs $0.02 to raise each $1 in donations
Efficient

Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology

Revenue Diversification

45
Score /100
Concentrated
HHI: 5,471
Other68.6%
Donations27.5%
Government Grants2.7%
Investment Income1.2%

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

Peer Comparison

Ranked against 67 peers · Health · $1M – $10M

Rating Score
0
#39/68
Revenue
$1.5M
#46/68
Reserve Months
0.0
#1/68
Surplus
$-543K
#67/68
Staff Cost %
55%
#68/68

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
0
Transparency
0
View Full Score Breakdown

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Contact Details

Address
Wellington, Wellington

Registration

Registration NumberCC59876
Entity TypeTrust
Registered23 Feb 2022
StatusDeregistered
Deregistered11 Apr 2026

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated22 Feb 2022
Registered office
Level 34 Pwc Tower, 15 Customs Street West, Auckland

Sector & Activities

Primary Sector
Health
Activities
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.