Mercaz Chasidei Wiznitz Trust

Analysis

Mercaz Chasidei Wiznitz Trust is a registered charity in England and Wales, based in London. It was registered in September 2011, 15 years ago. Its declared purposes cover religious activities, which this site groups under religion. Legally it is a charitable trust. It says it makes grants to individuals and makes grants to organisations.

In the financial year ending September 2024, Mercaz Chasidei Wiznitz Trust reported income of £1.4m and spending of £1.4m, spending 99% of its income. Across the 4 years on record, from July 2021 to September 2024, income grew from £993k to £1.4m (+43%), an average of +13% a year. The sharpest change came in the year to September 2022, when income rose by 99%. Over the whole period it spent 98% of the income it received.

Among 20,496 England and Wales charities whose main cause is religion and that reported income, Mercaz Chasidei Wiznitz Trust 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 95th percentile. Charities of a similar size with the same main cause include The United Reformed Church (Wales) Trust Company Limited (£1.4m), Archdiocesan Property Services Limited (£1.4m) and Harvesters International Christian Centre (£1.4m).

In its latest detailed accounts, income came from donations and legacies 100%. Charitable activities took 95% of spending and raising funds 4.0%. Grants to other organisations totalled £432k. Reserves of £234k would cover about 2 months of spending at that rate.

Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue.