The William Wates Memorial Trust
Analysis
The William Wates Memorial Trust is a registered charity in England and Wales, based in Surrey. It was registered in May 1992, 34 years ago. Its declared purposes cover general charitable purposes, education/training, the advancement of health or saving of lives and disability, which this site groups under health and saving lives. Legally it is a charitable trust. It says it makes grants to organisations.
In the financial year ending August 2025, The William Wates Memorial Trust reported income of £950k and spending of £942k, spending 99% of its income. Across the 5 years on record, from August 2021 to August 2025, income grew from £422k to £950k (+125%), an average of +22% a year. The sharpest change came in the year to August 2022, when income rose by 84%. Over the whole period it spent 110% of the income it received.
Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, The William Wates Memorial Trust sits at the 89th percentile: it is larger than about 89% of them. Against every charity in England and Wales with reported income it ranks in the 93rd percentile. Charities of a similar size with the same main cause include Radiology and Oncology Congresses (£949k), Reb Shayale's Tzeduke (£950k) and East & Southeast Asian Community Centre (£949k).
In its latest detailed accounts, income came from donations and legacies 51%, charitable activities 48% and investments 1.1%. Charitable activities took 40% of spending and raising funds 60%. Reserves of £371k would cover about 5 months of spending at that rate.
Income and spending
Where the income comes from
- Donations 51%
- Charitable activities 48%
- Investments 1.1%
In the charity's own words
The trust aims to enhance the lives of disadvantaged young people (ages 5 - 19) mainly in London and the South East. The trust wishes to encourage disadvantaged and vulnerable young people away from anti-social behaviour and criminal activity, enabling them to fulfill their potential. the Trustees prefer to support projects that continue to have an impact after support has ended.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Radiology and Oncology Congresses | London | £949k |
| Reb Shayale's Tzeduke | London | £950k |
| East & Southeast Asian Community Centre | London | £949k |
| Machsikei Yeshive | London | £951k |