The King's Fund
Analysis
The King's Fund is a registered charity in England and Wales, based in London. It was registered in November 2008, 18 years ago. Its declared purposes cover education/training, the advancement of health or saving of lives and economic/community development/employment, which this site groups under health and saving lives. It says it provides buildings/facilities/open space, provides services and provides advocacy/advice/information.
In the financial year ending December 2025, The King's Fund reported income of £13.3m and spending of £20.6m, spending 154% of what it took in. Across the 5 years on record, from December 2021 to December 2025, income grew from £11.4m to £13.3m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 141% 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 King's Fund sits at the 98th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Lincolnshire and Nottinghamshire Air Ambulance Charity (£13.3m), North England Conference of Seventh-Day Adventists (£13.3m) and St Catherine's Hospice Limited (£13.3m).
In its latest detailed accounts, income came from charitable activities 41%, trading 36% and investments 21%. Gifts in wills alone brought in £49k. Charitable activities took 74% of spending and raising funds 5.9%. Reserves of £59.0m would cover about 34 months of spending at that rate. It employed 143 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.
Income and spending
Where the income comes from
- Donations 0.3%
- Legacies 0.4%
- Charitable activities 41%
- Trading 36%
- Investments 21%
- Other 0.6%
In the charity's own words
The King's Fund is an independent charity working to improve health and health care in England. We help to shape policy and practice through research and analysis; develop individuals, teams and organisations; promote understanding of the health and social care system; and bring people together to learn, share knowledge and debate. Our vision is that the best possible care is available to all.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lincolnshire and Nottinghamshire Air Ambulance Charity | Lincoln | £13.3m |
| North England Conference of Seventh-Day Adventists | Nottingham | £13.3m |
| St Catherine's Hospice Limited | West Sussex | £13.3m |
| Compton Care Group Limited | Wolverhampton | £13.3m |