Velindre University NHS Trust Charity

Analysis

Velindre University NHS Trust Charity is a registered charity in England and Wales, based in Parc Nantgarw. It was registered in February 1996, 30 years ago. Its declared purposes cover general charitable purposes, education/training and the advancement of health or saving of lives, which this site groups under health and saving lives. Legally it is a charitable trust. It says it makes grants to organisations, provides human resources and provides buildings/facilities/open space.

In the financial year ending March 2025, Velindre University NHS Trust Charity reported income of £4.4m and spending of £3.6m, spending 82% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £2.8m to £4.4m (+55%), an average of +12% a year. The sharpest change came in the year to March 2024, when income rose by 188%. Over the whole period it spent 49% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Velindre University NHS Trust Charity sits at the 96th percentile: it is larger than about 96% of them. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include Brain Research Trust (£4.4m), Bederech Kovod (£4.4m) and Northamptonshire Carers (£4.4m).

In its latest detailed accounts, income came from donations and legacies 55%, trading 24%, investments 13% and charitable activities 8.2%. Gifts in wills alone brought in £633k. Charitable activities took 70% of spending and raising funds 26%. Grants to other organisations totalled £2.4m. Reserves of £7.8m would cover about 25 months of spending at that rate.