The Balsam Centre

Analysis

The Balsam Centre is a registered charity in England and Wales, based in Wincanton. It was registered in May 2000, 26 years ago. Its declared purposes cover education/training, the advancement of health or saving of lives, disability and economic/community development/employment, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 03898170). It says it provides human resources, provides buildings/facilities/open space and provides services.

In the financial year ending March 2025, The Balsam Centre reported income of £1.3m and spending of £1.1m, spending 91% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £670k to £1.3m (+88%), an average of +17% a year. The sharpest change came in the year to March 2023, when income rose by 31%. Over the whole period it spent 90% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, The Balsam Centre sits at the 91st percentile: it is larger than about 91% of them. Against every charity in England and Wales with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include Fulham Reach Boat Club (£1.3m), Asialink (£1.3m) and Freedom Community Alliance Limited (£1.3m).

In its latest detailed accounts, income came from donations and legacies 65%, charitable activities 32% and investments 2.1%. Charitable activities took 99% of spending and raising funds 0.1%. Reserves of £178k would cover about 2 months of spending at that rate. It employed 50 people.