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Korean Resident Society in United Kingdom

Registered · see notesRegistered charity number 1040160LondonPoverty relief
Income£22k2024-12-31
Spending£25ksame year
Spent / received100%4-year average
Size in its cause43rd pctPoverty relief
Registered1994Other
Employees–latest return

Analysis

Korean Resident Society in United Kingdom is a registered charity in England and Wales, based in London. It was registered in August 1994, 32 years ago. Its declared purposes cover general charitable purposes, education/training, the prevention or relief of poverty and arts/culture/heritage/science, which this site groups under poverty relief. It says it makes grants to individuals, makes grants to organisations and provides human resources.

In the financial year ending December 2024, Korean Resident Society in United Kingdom reported income of £22k and spending of £25k, spending 114% of what it took in. Across the 4 years on record, from December 2021 to December 2024, income fell from £55k to £22k (-60%), an average of -27% a year. The sharpest change came in the year to December 2024, when income dropped by 59%. Over the whole period it spent 100% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Korean Resident Society in United Kingdom sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in England and Wales with reported income it ranks in the 46th percentile. Charities of a similar size with the same main cause include Penhill Lunch Club (£22k), The Heathfield Church Trust (£22k) and Tetbury Welfare Charities (£22k).

Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue.

Income and spending

£0£15k£29k£44k£58k2021 Income: £54,5872021 Spending: £48,29820212022 Income: £32,9922022 Spending: £30,24920222023 Income: £52,3482023 Spending: £58,15820232024 Income: £21,5622024 Spending: £24,5372024
IncomeSpending

Where the income comes from

  • Other 100%

In the charity's own words

The relief of Poverty, of the aged, and of disabled people (amongst persons of Korean origin resident i nthe U.K.),The advancement of education for the benefit of the public,To promote good race relations between different races by encouraging equality of opportunity between persons of different racial groups, and seeking to eliminate discrimincation on the grounds of race.

Similar-sized charities, same cause

CharityLocationIncome
Penhill Lunch ClubSwindon£22k
The Heathfield Church TrustManchester£22k
Tetbury Welfare CharitiesGloucestershire£22k
HATFIELD PEVEREL FEOFFEES (formerly THE HATFIELD CHARITIES, otherwise the Charities of SIR EDWARD ALLEYNE and others).Chelmsford£22k