Koum Network

Analysis

Koum Network is a registered charity in England and Wales, based in Surrey. It was registered in October 2011, 15 years ago. Its declared purposes cover general charitable purposes, education/training, the prevention or relief of poverty and religious activities, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 07541056). It says it makes grants to individuals, makes grants to organisations and provides buildings/facilities/open space.

In the financial year ending February 2022, Koum Network reported income of £10k and spending of £11k, spending 110% of what it took in. Across the 2 years on record, from February 2021 to February 2022, income fell from £12k to £10k (-12%), an average of -12% a year. Over the whole period it spent 100% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Koum Network sits at the 34th percentile: it is larger than about 34% of them. Against every charity in England and Wales with reported income it ranks in the 32nd percentile. Charities of a similar size with the same main cause include Ghanalink (Iw) (£10k), Cedar Valley Church (£10k) and The Hucknall Relief in Need Charity (£10k).

Data notes from the register: The regulator lists this charity as in double default: it has missed the deadline for its annual return or accounts in two or more successive years.