Alacrity Foundation
Analysis
Alacrity Foundation is a registered charity in England and Wales, based in Newport. It was registered in March 2011, 15 years ago. Its declared purposes cover education/training, which this site groups under education and training. Legally it is a charitable company (Companies House number 07554557). It says it provides buildings/facilities/open space, sponsors or undertakes research and other charitable activities.
In the financial year ending March 2025, Alacrity Foundation reported income of £1.7m and spending of £1.5m, spending 86% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £1.1m to £1.7m (+51%), an average of +11% a year. The sharpest change came in the year to March 2022, when income rose by 43%. Over the whole period it spent 96% of the income it received.
Among 21,402 England and Wales charities whose main cause is education and training and that reported income, Alacrity Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in England and Wales with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include Dair House School Trust Limited (£1.7m), Grace Foundation (£1.7m) and Now Teach (£1.7m).
In its latest detailed accounts, income came from donations and legacies 99%. Charitable activities took 100% of spending and raising funds 0.0%. Reserves of £648k would cover about 5 months of spending at that rate. It employed 5 people.
Income and spending
Where the income comes from
- Donations 99%
- Other 0.9%
In the charity's own words
The charity has been established with the mandate to mentor and train the brightest and best graduates and create a new generation of British Hi-Tech companies.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dair House School Trust Limited | Slough | £1.7m |
| Grace Foundation | Solihull | £1.7m |
| Now Teach | London | £1.7m |
| The Engineering Trust | Oxfordshire | £1.7m |