Balloon Ventures Foundation Ltd

Analysis

Balloon Ventures Foundation Ltd is a registered charity in England and Wales, based in London. It was registered in April 2011, 15 years ago. Its declared purposes cover general charitable purposes, education/training, the prevention or relief of poverty and accommodation/housing, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 07596900). It says it makes grants to individuals and makes grants to organisations.

In the financial year ending March 2025, Balloon Ventures Foundation Ltd reported income of £2.3m and spending of £1.0m, leaving 54% of income unspent that year. Across the 5 years on record, from March 2021 to March 2025, income grew from £686k to £2.3m (+234%), an average of +35% a year. The sharpest change came in the year to March 2023, when income rose by 126%. Over the whole period it spent 54% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Balloon Ventures Foundation Ltd sits at the 97th percentile: it is larger than about 97% 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 Pecan (£2.3m), Rainforest Alliance Ltd (£2.3m) and Heal Humanity Ltd (£2.3m).

In its latest detailed accounts, income came from trading 67% and donations and legacies 32%. Charitable activities took 24% of spending and raising funds 0.0%. Reserves of £4.1m would cover about 46 months of spending at that rate. It employed 39 people.