Richard House Trust

Analysis

Richard House Trust is a registered charity in England and Wales, based in London. It was registered in November 1996, 30 years ago. Its declared purposes cover the advancement of health or saving of lives and disability, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 03232837). It says it provides buildings/facilities/open space and provides services.

In the financial year ending March 2024, Richard House Trust reported income of £4.8m and spending of £5.2m, spending 108% of what it took in. Across the 4 years on record, from March 2021 to March 2024, income grew from £4.7m to £4.8m (+0.9%), an average of +0.3% a year. The sharpest change came in the year to March 2023, when income rose by 23%. Over the whole period it spent 102% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Richard House Trust 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 Bury Hospice (£4.8m), St Cuthbert's Hospice, Durham (£4.8m) and St John of Jerusalem Eye Hospital (£4.8m).

In its latest detailed accounts, income came from charitable activities 50%, trading 29% and donations and legacies 21%. Gifts in wills alone brought in £53k. Charitable activities took 71% of spending and raising funds 28%. Reserves of £460k would cover about 1 months of spending at that rate. It employed 72 people.

Data notes from the register: The register marks this charity as being in administration. Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.