The Wharton Trust

Analysis

The Wharton Trust is a registered charity in England and Wales, based in Hartlepool. It was registered in January 1997, 29 years ago. Its declared purposes cover education/training, the prevention or relief of poverty and economic/community development/employment, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 03296566). It says it provides buildings/facilities/open space, provides services and other charitable activities.

In the financial year ending December 2024, The Wharton Trust reported income of £520k and spending of £425k, spending 82% of its income. Across the 4 years on record, from December 2021 to December 2024, income grew from £339k to £520k (+53%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 78% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, The Wharton Trust sits at the 88th percentile: it is larger than about 88% of them. Against every charity in England and Wales with reported income it ranks in the 90th percentile. Charities of a similar size with the same main cause include The James Charities (£519k), Phoenix Arts Association Ltd (£520k) and Almshouse Charity of Arthur Winsley and Others (£519k).

In its latest detailed accounts, income came from donations and legacies 95% and charitable activities 4.6%. Charitable activities took 98% of spending and raising funds 0.0%. Reserves of £934k would cover about 26 months of spending at that rate. It employed 8 people.

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