Rangitāne o Manawatu Investment Trust — Community Development Charity in Palmerston North

Rangitāne o Manawatu Investment Trust is a Trust charity in the Community Development sector, based in Palmerston North, Palmerston North. CharityData rates this charity C+ (68.5/100). Annual revenue: $2.3M NZD. Financial data as at June 2024.

Mission: The purpose of the Trust is to receive, use and administer the Trust's Funds exclusively for Charitable Purposes. The Trust was set up to manage and invest the assets of Rangitāne o Manawatu Trust arising from the Treaty of Waitangi settlement with the Rangitāne o Manawatu Iwi. The qualifying entities that distributions may be made include trusts and subsidiaries related to Rangitāne o Manawatu.

Registration Number
CC54499
Charity Type
Trust
Registration Date
2017-05-15
Status
Active
CharityData Rating
C+ (68.5/100)
Sector
Community Development
Location
Palmerston North, Palmerston North
Email
debbie@rangitaane.iwi.nz
Data as at
June 2024

Beneficiaries: Other - All

Financial Summary

Total Revenue
$2.3M NZD
Total Expenses
$2.2M NZD
Total Assets
$17.4M NZD
Net Assets
$1.4M NZD
Reserve Months
13.2 months of operating expenses
Volunteers
0
Financial Year End
2024-06-30

Financial History

YearRevenueExpensesNet Assets
2024$2.3M$2.2M$1.4M
2023$4.4M$3.1M$1.3M
2022$0.6M$0.7M$0.0M
2021$0.4M$0.3M$0.3M
2020$0.6M$0.4M$0.2M
2019$0.2M$0.3M$0.0M
2018$0.3M$0.2M$0.1M
2017---

CharityData Rating

Overall Grade
C+
Overall Score
68.5/100
Financial Score
70
Governance Score
65
Transparency Score
65

Board Members and Officers

Current Officers (4)

NameRoleAppointed
Aaron KarenaTrustee2026-01-01
Te Ariki Te PuniTrustee2022-12-14
Alexia McEwenTrustee2022-12-14
Rowland FitzgeraldTrustee2017-02-20

Former Officers (2)

  • Ngaruma KARAITIANA — Board Chairperson (departed 2026-06-30)
  • Christopher Whaiapu — Trustee (departed 2022-12-14)

Reporting Group Members

Rangitāne o Manawatu Investment Trust files a consolidated Annual Return jointly with 1 sibling charity:

Similar Charities in Community Development

Community DevelopmentTrust

Rangitāne o Manawatu Investment Trust

CC54499Palmerston North, Palmerston NorthRegistered 15 May 2017
Data updated: 2 days ago
Financials30 Jun 2024Rating2d ago

Financial data as at June 2024. Sourced from Charities Services register.

C+
69/100
Financial
70
Governance
65
Transparency
65

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.

  • Current annual return overdue
    The newest annual return we hold is 27 months old — a more recent return may already be on the Charities Services register
  • Shared trustees with reporting-group siblings
    3 current trustees also serve on the board of another charity in the same Charities Services reporting group (group has 2 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.

Revenue

$2.3M

Expenses

$2.2M

Assets

$17.4M

Financial data from Charities Services annual return (FY2024). 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

The purpose of the Trust is to receive, use and administer the Trust's Funds exclusively for Charitable Purposes. The Trust was set up to manage and invest the assets of Rangitāne o Manawatu Trust arising from the Treaty of Waitangi settlement with the Rangitāne o Manawatu Iwi. The qualifying entities that distributions may be made include trusts and subsidiaries related to Rangitāne o Manawatu.

Who We Serve

Beneficiaries
Other - All

Key Statistics

Annual Revenue
$2.3M
Total Expenses
$2.2M
Net Assets
$1.4M
Volunteers
0

Financial Trends

Financial Trends (8 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
13.2mo
Could operate 13.2 months with zero revenue
Healthy
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: 9,960
High Concentration: 100% of revenue from Other
Other99.8%
Investment Income0.2%

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

Peer Comparison

Ranked against 54 peers · Community Development · $1M – $10M

Rating Score
69
#28/55
Revenue
$2.3M
#29/55
Reserve Months
13.2
#1/55
Surplus
$33K
#34/55
Staff Cost %
0%
#1/55

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

Rating

C+
Score: 68.5/100
Financial
70
Governance
65
Transparency
65
Why this grade: Financial 70 × 40% + Governance 65 × 60% = 67 → C+.
View Full Score Breakdown

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Contact Details

Address
Palmerston North, Palmerston North

Registration

Registration NumberCC54499
Entity TypeTrust
Registered15 May 2017
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated2 Mar 2017
Registered office
140-148 Maxwells Line Palmerston North 4412, Palmerston North

Sector & Activities

Primary Sector
Community Development
Activities
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: 28 September 2026.

Reporting Group — Consolidated Annual Return

Rangitāne o Manawatu Investment Trust is one of 2 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.