Agrecovery Foundation — Health Charity in Wellington

Agrecovery Foundation is a Trust charity in the Health sector, based in Wellington, Wellington. This organisation also provides funding to other charities. CharityData rates this charity A- (85.6/100). Annual revenue: $3.9M NZD. Financial data as at June 2025.

Mission: The objects and purposes of the Trust, to the extent that they are charitable purposes, are to devote or apply both capital and income of the trust fund to, or for, any charitable purposes in New Zealand, which are from time to time selected by the Trustees and are valid charitable purposes. Without limiting this in any way, such purposes may include as follows: 1. to promote the aims of product stewardship as set out in clause 5 and environmentally sound waste management practices in the primary sector to the benefit and advantage of all New Zealanders through the development of model product stewardship policies, programmes and legislation for the recovery and recycling of agricultural plastics and unwanted agrichemicals, researching technical issues, and helping agencies, organisations and companies develop viable solutions; and 2. to bring key stakeholders together to reach voluntarily negotiated agreements on product stewardship programmes, and 3. to manage developed programmes on

Registration Number
CC29641
Charity Type
Trust
Registration Date
2008-06-30
Status
Active
CharityData Rating
A- (85.6/100)
Sector
Health
Location
Wellington, Wellington
Email
accounts@agrecovery.org.nz
Funder Status
Grant-making charity (foundation)
Data as at
June 2025

Beneficiaries: General public, Other - All

Financial Summary

Total Revenue
$3.9M NZD
Total Expenses
$3.5M NZD
Total Assets
$3.4M NZD
Net Assets
$2.7M NZD
Reserve Months
5.2 months of operating expenses
Staff Count
7
Volunteers
0
Financial Year End
2025-06-30

Financial History

YearRevenueExpensesNet Assets
2025$3.9M$3.5M$2.7M
2024$3.7M$3.0M$2.3M
2023$2.7M$3.1M$1.6M
2022$2.7M$2.8M$2.0M
2021$2.6M$2.6M$2.1M
2020$2.4M$2.3M$2.1M
2019$2.4M$2.0M$2.0M
2018$2.0M$1.4M$1.6M
2017$1.7M$1.8M$1.0M
2016$1.7M$1.6M$1.1M

CharityData Rating

Overall Grade
A-
Overall Score
85.6/100
Financial Score
94.4
Governance Score
65
Transparency Score
65

Board Members and Officers

Current Officers (6)

NameRoleAppointed
Bridie VirbickasTrustee2023-08-09
Gavin KerrTrustee2023-07-14
Alec McNeilTrustee2016-09-22
Mike SmithTrustee2015-09-16
David MolloyTrustee2013-02-12
Anders CrofootTrustee2011-12-14

Former Officers (16)

  • Darryl Stretton — Trustee (departed 2026-06-22)
  • Richard Olds — Trustee (departed 2022-09-15)
  • Aaron Gordon — Trustee (departed 2020-08-31)
  • Mark Ross — Trustee (departed 2023-07-14)
  • Adrienne Wilcock — Trustee (departed 2022-11-22)
  • Brendan Morahan — Trustee (departed 2015-07-22)
  • Andy Goodwin — Trustee (departed 2013-06-28)
  • Mary-Anne Baker — Trustee (departed 2016-09-22)
  • Philip York — Trustee (departed 2011-07-20)
  • John Allen — Trustee (departed 2015-09-16)
  • Graeme Peters — Trustee (departed 2015-04-15)
  • Robert Brodnax — Trustee (departed 2009-03-09)
  • David Ritchie — Trustee (departed 2010-02-17)
  • Richard Kempthorne — Trustee (departed 2008-05-27)
  • John Richardson — Trustee (departed 2007-04-16)
  • Quentin Metcalfe — Trustee (departed 2010-11-17)

Service Providers

  • Silks Audit

Similar Charities in Health

FunderHealthTrustFoundation

Agrecovery Foundation

CC29641Wellington, WellingtonRegistered 30 Jun 2008
Data updated: 3 days ago
Financials30 Jun 2025Rating3d ago

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

A-
86/100
Financial
94
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

$3.9M

Expenses

$3.5M

Assets

$3.4M

Staff

7

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

Funder Profile

Grantmaker

This organisation makes grants or donations to other charities and organisations.

Funding Sectors
EducationEnvironment
Beneficiaries
General Public
Geographic Focus
Nationwide

About

Mission

The objects and purposes of the Trust, to the extent that they are charitable purposes, are to devote or apply both capital and income of the trust fund to, or for, any charitable purposes in New Zealand, which are from time to time selected by the Trustees and are valid charitable purposes. Without limiting this in any way, such purposes may include as follows: 1. to promote the aims of product stewardship as set out in clause 5 and environmentally sound waste management practices in the primary sector to the benefit and advantage of all New Zealanders through the development of model product stewardship policies, programmes and legislation for the recovery and recycling of agricultural plastics and unwanted agrichemicals, researching technical issues, and helping agencies, organisations and companies develop viable solutions; and 2. to bring key stakeholders together to reach voluntarily negotiated agreements on product stewardship programmes, and 3. to manage developed programmes on

Who We Serve

Beneficiaries
General publicOther - All

Key Statistics

Annual Revenue
$3.9M
Total Expenses
$3.5M
Net Assets
$2.7M
Staff
7
employees
Volunteers
0

Financial Trends

Financial Trends (17 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
5.2mo
Could operate 5.2 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

7
Score /100
Highly Concentrated
HHI: 9,338
High Concentration: 97% of revenue from Other
Other96.6%
Government Grants2.0%
Investment Income1.4%

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
86
#10/68
Revenue
$3.9M
#15/68
Reserve Months
5.2
#1/68
Surplus
$391K
#25/68
Staff Cost %
21%
#68/68

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

Rating

A-
Score: 85.6/100
Financial
94.4
Governance
65
Transparency
65
Why this grade: Financial 94 × 40% + Governance 65 × 60% = 77 → A-.
View Full Score Breakdown

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Contact Details

Address
Wellington, Wellington

Registration

Registration NumberCC29641
Entity TypeTrust
Registered30 Jun 2008
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated1 May 2006
Registered office
Level 7 Equinox House 111 The Terrace Wellington Wellington, Wellington

Sector & Activities

Primary Sector
Health
Activities
Provides services (e.g. care / counselling)Other - 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: 29 September 2026.