The UK Career Academy Foundation
Analysis
The UK Career Academy Foundation is a registered charity in England and Wales, based in London. It was registered in July 2002, 24 years ago. Its declared purposes cover education/training and economic/community development/employment, which this site groups under community and economic development. Legally it is a charitable company (Companies House number 04428178). It says it makes grants to individuals, makes grants to organisations and provides human resources.
In the financial year ending March 2025, The UK Career Academy Foundation reported income of £2.7m and spending of £2.7m, spending 97% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £2.4m to £2.7m (+13%), an average of +3.2% a year. The sharpest change came in the year to March 2022, when income rose by 22%. Over the whole period it spent 106% of the income it received.
Among 1,869 England and Wales charities whose main cause is community and economic development and that reported income, The UK Career Academy Foundation 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 97th percentile. Charities of a similar size with the same main cause include Torbay Community Development Trust Ltd (£2.7m), Bounce Back Foundation (£2.8m) and The Involve Foundation (£2.7m).
In its latest detailed accounts, income came from donations and legacies 72% and charitable activities 27%. Charitable activities took 81% of spending and raising funds 15%. Reserves of £475k would cover about 2 months of spending at that rate. It employed 43 people.
Income and spending
Where the income comes from
- Donations 72%
- Charitable activities 27%
- Investments 0.6%
In the charity's own words
The UK Career Academy Foundation leads and supports a national movement of employers, schools and colleges, working to raise the aspirations of 16-19 year olds who are considering a career in business.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Torbay Community Development Trust Ltd | Torquay | £2.7m |
| Bounce Back Foundation | Brighton | £2.8m |
| The Involve Foundation | London | £2.7m |
| Bows and Arrows | Ipswich | £2.8m |