Corporate Structure COSRECI Featured Finances Tax Exemption

Scientology’s $100 million DEBT Problem

Recent financial filings with the Australian Charities & Not-for-profits Commission (ACNC) paint a worrying financial picture for Scientology’s UK operations. Operating through an Australian-registered entity known as COSRECI (Church of Scientology Religious Education College, Inc), Scientology are required to file annual [continue reading…]

COSRECI Finances

Numbers Don’t Lie: Evidence Scientology is Shrinking in the UK

In the United States, due to it’s IRS tax exempt status Scientology’s finances are somewhat protected from public scrutiny. Fortunately for us, the same is not the case in the UK, where Scientology operates through an Australian-registered charity called Church of [continue reading…]

Corporate Structure COSRECI Featured Finances Tax Exemption

Scientology’s UK Shell Companies

In the United Kingdom, Scientology operates through an Australian-registered charity named Church of Scientology Religious Education College, Inc. (COSRECI). However, when they applied (and were rejected) for charity status in 1999, they did so under another entity, Church of Scientology (England [continue reading…]

COSRECI Featured Finances News

Scientology’s 2022 UK Financial Documents

Last month Scientology’s UK corporation known as the Church of Scientology Religious Education College Inc (COSRECI), filed their latest accounts with the Australian Charities & Not-for-profits Commission. The filings reveal an overall annual income of $26,562,014, up $3 million on the [continue reading…]

Corporate Structure COSRECI Featured Finances

Scientology’s UK Corporate Structure

Despite receiving religious recognition and IRS tax exemption in the US, the Church of Scientology was denied charity status by the UK Charities Commission in 1999. This means Scientology’s UK operations are taxable by HM Revenue & Customs and the organisation [continue reading…]