Friends of Shekel Hakodesh Limited

Analysis

Friends of Shekel Hakodesh Limited is a registered charity in England and Wales, based in London. It was registered in January 2004, 22 years ago. Its declared purposes cover education/training, the prevention or relief of poverty and religious activities, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 04700358). It says it makes grants to individuals and makes grants to organisations.

In the financial year ending March 2025, Friends of Shekel Hakodesh Limited reported income of £710k and spending of £653k, spending 92% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £667k to £710k (+6.5%), an average of +1.6% a year. The sharpest change came in the year to March 2023, when income rose by 61%. Over the whole period it spent 88% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Friends of Shekel Hakodesh Limited sits at the 90th percentile: it is larger than about 90% of them. Against every charity in England and Wales with reported income it ranks in the 92nd percentile. Charities of a similar size with the same main cause include Anjuman-E-Badri (Birmingham) (£709k), Cheshire East Cab Ltd (£711k) and Young Ealing Foundation (£709k).

In its latest detailed accounts, income came from donations and legacies 96% and investments 4.2%. Charitable activities took 97% of spending and raising funds 1.6%. Grants to other organisations totalled £555k. Reserves of £265k would cover about 5 months of spending at that rate.