Royal Cornwall Hospitals NHS Trust Charitable Fund

Analysis

Royal Cornwall Hospitals NHS Trust Charitable Fund is a registered charity in England and Wales, based in Truro. It was registered in October 1995, 31 years ago. Its declared purposes cover education/training and the advancement of health or saving of lives, which this site groups under health and saving lives. It says it makes grants to organisations, sponsors or undertakes research and acts as an umbrella or resource body.

In the financial year ending March 2025, Royal Cornwall Hospitals NHS Trust Charitable Fund reported income of £2.8m and spending of £1.0m, leaving 63% of income unspent that year. Across the 5 years on record, from March 2021 to March 2025, income grew from £1.1m to £2.8m (+162%), an average of +27% a year. The sharpest change came in the year to March 2025, when income rose by 327%. Over the whole period it spent 71% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Royal Cornwall Hospitals NHS Trust Charitable Fund sits at the 95th percentile: it is larger than about 94% of them. Against every charity in England and Wales with reported income it ranks in the 97th percentile. Charities of a similar size with the same main cause include Right to Play UK Limited (£2.8m), The British Isles Province of the Congregation of Sisters of Charity of Jesus and Mary (£2.8m) and Alexander Devine Children's Cancer Trust (£2.8m).

In its latest detailed accounts, income came from donations and legacies 96% and investments 3.3%. Gifts in wills alone brought in £2.1m. Charitable activities took 73% of spending and raising funds 25%. Grants to other organisations totalled £686k. Reserves of £2.2m would cover about 25 months of spending at that rate.