The 68-year-old was arrested in November at Heathrow Airport and has been on bail while waiting to find out whether he would be charged.
The Metropolitan Police confirmed to Premier on Monday that he will now face one count of indecent assault on a woman aged 16 or over in Plaistow, East London, in 1977.
He'll appear before Thames Magistrates' Court on 4 April.
Patrick Sookhdeo, founded Barnabas Fund in 1993. He stepped down from all roles within the organisation in December.