Wells University of the Third Age

Analysis

Wells University of the Third Age is a registered charity in England and Wales, based in Somerset. It was registered in July 1993, 33 years ago. Its declared purposes cover education/training, arts/culture/heritage/science, amateur sport and recreation, which this site groups under arts, culture, heritage and science. It says it provides services and acts as an umbrella or resource body.

In the financial year ending January 2025, Wells University of the Third Age reported income of £70k and spending of £67k, spending 95% of its income. Across the 5 years on record, from January 2021 to January 2025, income grew from £17k to £70k (+320%), an average of +43% a year. The sharpest change came in the year to January 2023, when income rose by 264%. Over the whole period it spent 97% of the income it received.

Among 17,634 England and Wales charities whose main cause is arts, culture, heritage and science and that reported income, Wells University of the Third Age sits at the 74th percentile: it is larger than about 74% of them. Against every charity in England and Wales with reported income it ranks in the 66th percentile. Charities of a similar size with the same main cause include Oxhill Youth Centre (£70k), Create Sheffield (£70k) and The World Trust (£70k).