Age Concern Isle of Wight

Analysis

Age Concern Isle of Wight is a registered charity in England and Wales, based in Isle Of Wight. It was registered in April 2007, 19 years ago. Its declared purposes cover general charitable purposes, 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 06057797). It says it provides human resources, provides services and provides advocacy/advice/information.

In the financial year ending March 2025, Age Concern Isle of Wight reported income of £1.3m and spending of £1.4m, spending 113% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income fell from £2.7m to £1.3m (-52%), an average of -17% a year. The sharpest change came in the year to March 2023, when income dropped by 35%. Over the whole period it spent 101% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Age Concern Isle of Wight sits at the 94th percentile: it is larger than about 94% 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 King's Road Church (£1.3m), Kingsland Church Colchester (£1.3m) and The Pret Foundation (£1.3m).

In its latest detailed accounts, income came from charitable activities 85%, donations and legacies 14% and investments 1.3%. Gifts in wills alone brought in £116k. Charitable activities took 97% of spending and raising funds 2.5%. Reserves of £413k would cover about 3 months of spending at that rate. It employed 78 people.

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