Eltham College

Analysis

Eltham College is a registered charity in England and Wales, based in London. It was registered in October 1996, 30 years ago. Its declared purposes cover education/training, which this site groups under education and training. Legally it is a charitable company (Companies House number 03245525). It says it other charitable activities.

In the financial year ending August 2025, Eltham College reported income of £33.5m and spending of £30.4m, spending 91% of its income. Across the 5 years on record, from August 2021 to August 2025, income grew from £18.2m to £33.5m (+84%), an average of +16% a year. The sharpest change came in the year to August 2024, when income rose by 46%. Over the whole period it spent 93% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, Eltham College sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 100th percentile. Charities of a similar size with the same main cause include Royal Academy of Music (£33.2m), The Stephen Perse Foundation (£33.9m) and Lighten Education Network (£33.1m).

In its latest detailed accounts, income came from charitable activities 91%, donations and legacies 4.3%, trading 2.7% and investments 2.1%. Gifts in wills alone brought in £413k. Charitable activities took 95% of spending and raising funds 5.2%. Reserves of £25.1m would cover about 10 months of spending at that rate. It employed 389 people.