Waireka Community Trust — Community Development Charity in Palmerston North

Waireka Community Trust is a Charitable Trust charity in the Community Development sector, based in Palmerston North, Palmerston North. This organisation also provides funding to other charities. CharityData rates this charity B (75.5/100). Annual revenue: $0.2M NZD. Financial data as at June 2025.

Mission: To make a positive impact on the communities of Pahiatua, Eketahuna and Woodville by making charitable distributions within the area.

Registration Number
CC35447
Charity Type
Charitable Trust
Registration Date
2008-06-30
Status
Active
CharityData Rating
B (75.5/100)
Sector
Community Development
Location
Palmerston North, Palmerston North
Email
ross.hadwin@bdo.co.nz
Funder Status
Grant-making charity (community_trust)
Data as at
June 2025

Beneficiaries: Older people, People with disabilities, Other - All

Financial Summary

Total Revenue
$0.2M NZD
Total Expenses
$0.1M NZD
Total Assets
$5.5M NZD
Net Assets
$4.7M NZD
Reserve Months
43.2 months of operating expenses
Financial Year End
2025-06-30

Financial History

YearRevenueExpensesNet Assets
2025$0.2M$0.1M$4.7M
2024$0.2M$0.1M$4.2M
2023$0.2M$0.9M$1.6M
2022$0.1M$0.5M$4.7M
2021$0.5M$0.1M$5.0M
2020$0.3M$0.1M$4.6M
2019$0.5M$0.1M$4.4M
2018$0.4M$0.1M$4.1M
2017$0.2M$0.1M$3.8M
2016$0.3M$0.2M$3.7M

CharityData Rating

Overall Grade
B
Overall Score
75.5/100
Financial Score
80
Governance Score
65
Transparency Score
65

Board Members and Officers

Current Officers (0)

NameRoleAppointed

Former Officers (16)

  • Raylene Treder — Trustee
  • John Presow — Trustee
  • Chris Dryland — Trustee
  • Lorrin Koronui — Trustee
  • Paul Cleghorn — Trustee (departed 2020-02-23)
  • Tally Jackson — Trustee
  • Max Mayer — Trustee
  • Tim Hewitt — Trustee (departed 2024-09-16)
  • Tracey Collis — Trustee (departed 2024-03-30)
  • Stephanie Cresswell — Trustee (departed 2020-11-24)
  • John Jackson — Chair (departed 2011-07-01)
  • Clinton Laing — Trustee (departed 2016-07-01)
  • John Gardiner — Trustee (departed 2014-03-03)
  • Ian Staples — Trustee (departed 2016-02-29)
  • Edith Ladd — Trustee (departed 2015-03-30)
  • Martin Beech — Trustee (departed 2019-03-11)

Similar Charities in Community Development

FunderCommunity DevelopmentCharitable TrustCommunity Trust

Waireka Community Trust

CC35447Palmerston North, Palmerston NorthRegistered 30 Jun 2008
Data updated: 3 days ago
Financials30 Jun 2025Rating4d ago

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

B
76/100
Financial
80
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 6. 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

$202.2K

Expenses

$110.2K

Assets

$5.5M

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
Manawatū-Whanganui

About

Mission

To make a positive impact on the communities of Pahiatua, Eketahuna and Woodville by making charitable distributions within the area.

Who We Serve

Beneficiaries
Older peoplePeople with disabilitiesOther - All

Key Statistics

Annual Revenue
$202.2K
Total Expenses
$110.2K
Net Assets
$4.7M

Financial Trends

Financial Trends (17 Years)

Revenue Breakdown

Financial Health Dashboard

Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
43.2mo
Could operate 43.2 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 147 peers · Community Development · $100K – $1M

Rating Score
76
#17/148
Revenue
$202K
#93/148
Reserve Months
43.2
#1/148
Surplus
$92K
#31/148
Staff Cost %
0%
#1/148

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

Rating History

B
2025
Score: 75.5
Financial: 80 | Governance: 65 | Transparency: 65
Current
C-
2024
Score: 55.5
Financial: 80 | Governance: 65 | Transparency: 65

Rating

B
Score: 75.5/100
Financial
80
Governance
65
Transparency
65
Why this grade: Financial 80 × 40% + Governance 65 × 60% = 71 → B.
View Full Score Breakdown

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Latest Audit

FY2022
Clean
Auditor
CKS Audit
7 years of audit history

Contact Details

Address
Palmerston North, Palmerston North

Registration

Registration NumberCC35447
Entity TypeCharitable Trust
Registered30 Jun 2008
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated18 Jul 2008
Registered office
LEVEL 4, FMG HOUSE 55 THE SQUARE PALMERSTON NORTH, Palmerston North

Sector & Activities

Primary Sector
Community Development
Activities
Makes grants to organisations (including schools or other charities)

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: 5 October 2026.