Kimihia Number 1 Limited — Registered Charity in Wellington
Kimihia Number 1 Limited is a Trust charity, based in Wellington, Wellington. CharityData rates this charity C+ (65.5/100). Annual revenue: $22.6M NZD. Financial data as at June 2025.
Mission: To hold assets as Trustee for the benefit of the charitable purposes of the shareholder, such purposes to be promoted by the payment of dividends or other revenue or capital distributions to the shareholder.
- Registration Number
- CC59506
- Charity Type
- Trust
- Registration Date
- 2021-10-13
- Status
- Active
- CharityData Rating
- C+ (65.5/100)
- Location
- Wellington, Wellington
- Website
- https://www.ngatitoa.iwi.nz/
- christian.katene@ngatitoa.iwi.nz
- Data as at
- June 2025
Beneficiaries: Other charities
Financial Summary
- Total Revenue
- $22.6M NZD
- Total Expenses
- $17.6M NZD
- Total Assets
- $442.2M NZD
- Net Assets
- $138.6M NZD
- Reserve Months
- 12.3 months of operating expenses
- Volunteers
- 0
- Financial Year End
- 2025-06-30
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2025 | $22.6M | $17.6M | $138.6M |
| 2024 | $22.5M | $17.6M | $124.9M |
| 2023 | $22.4M | $17.7M | $141.0M |
| 2022 | $3.6M | $7.5M | $152.1M |
CharityData Rating
- Overall Grade
- C+
- Overall Score
- 65.5/100
- Financial Score
- 70
- Governance Score
- 55
- Transparency Score
- 65
Board Members and Officers
Current Officers (1)
| Name | Role | Appointed |
|---|---|---|
| Jack Scirkovich | Director | 2026-02-23 |
Former Officers (3)
- Christian Katene — Director
- Helmut Modlik — Director
- Leon Grandy — Director (departed 2026-06-29)
Executive Compensation
| Name | Role | Compensation | Year |
|---|---|---|---|
| Leon Grandy | Director | - | 2022 |
Major Funders and Contracts (FY2022)
As disclosed in Kimihia Number 1 Limited's annual report.
- Te Tāhuhu o te Mātauranga | Ministry of Education — $3,337,000 (3.35% of revenue) — Leaseback arrangements for school grounds in Wellington and Porirua
Service Providers
- David Borrie
- ANZ Bank New Zealand Limited
- Armillary Limited
- NZ Guardian Trust
- Dentons Kensington Swan
- Darroch Property Advisors and Valuers
Reporting Group Members
Kimihia Number 1 Limited files a consolidated Annual Return jointly with 11 sibling charities:
- Te Runanga O Toa Rangatira Incorporated
- Ora Toa PHO Limited
- Kimihia Number 3 Limited
- Te Tumu Whakatupu Limited
- Te Tumu Whakatupu Number 2 Limited
- Ngati Toa Limited
- Toa Developments Limited
- Ika Toa Limited
- Kimihia Number 2 Limited
- Toa Kenepuru SP Limited
- Tiaki Toa Limited
Similar Charities in Other
Kimihia Number 1 Limited
Financial data as at June 2025. Sourced from Charities Services register.
Reasons to look carefully (2)
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 registerNo chair or presiding role is recorded in the register for this board of 3. 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.
- Shared trustees with reporting-group siblings3 current trustees also serve on the board of another charity in the same Charities Services reporting group (group has 12 member charities filing one consolidated annual return). Group-internal cross-trusteeship can be operationally efficient but should be visible to donors.
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.
$22.6M
$17.6M
$442.2M
Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.
Endowment Foundation
Special Entity TypeThis is an endowment foundation that holds investments and provides grants. High reserves are expected and appropriate - this is not an operating charity.
Related Charities
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
To hold assets as Trustee for the benefit of the charitable purposes of the shareholder, such purposes to be promoted by the payment of dividends or other revenue or capital distributions to the shareholder.
Who We Serve
Key Statistics
Financial Trends
Financial Trends (4 Years)
Revenue Breakdown
Expense Breakdown
API DataBased on annual return data. Detailed program/admin breakdown not available.
Financial Health Dashboard
Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology
Revenue Diversification
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 4 peers · Other · $10M – $50M
Top Peers in Group
Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.
Rating
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Registration
Sector & Activities
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.
Reporting Group — Consolidated Annual Return
Kimihia Number 1 Limited is one of 12 charities in a Charities Services reporting group. Members file a single consolidated Annual Return together, so the financial figures on each member’s page reflect the combined group — not standalone operations.
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