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Alacrity Foundation

RegisteredRegistered charity number 1140916NewportEducation and training
Income£1.7m2025-03-31
Spending£1.5msame year
Spent / received96%5-year average
Size in its cause95th pctEducation and training
Registered2011Charitable company
Employees5latest return

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

£0£433k£866k£1.3m£1.7m2021 Income: £1,145,8572021 Spending: £1,202,26120212022 Income: £1,638,7072022 Spending: £1,378,14420222023 Income: £1,342,3302023 Spending: £1,494,23320232024 Income: £1,370,1252024 Spending: £1,373,61320242025 Income: £1,732,8622025 Spending: £1,490,0972025
IncomeSpending

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

CharityLocationIncome
Dair House School Trust LimitedSlough£1.7m
Grace FoundationSolihull£1.7m
Now TeachLondon£1.7m
The Engineering TrustOxfordshire£1.7m