Lloyd's Register Foundation

Analysis

Lloyd's Register Foundation is a registered charity in England and Wales, based in London. It was registered in February 2012, 14 years ago. Its declared purposes cover education/training and the advancement of health or saving of lives, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 07905861). It says it makes grants to organisations, provides other finance and sponsors or undertakes research.

In the financial year ending June 2025, Lloyd's Register Foundation reported income of £691.7m and spending of £662.4m, spending 96% of its income. Across the 5 years on record, from June 2021 to June 2025, income grew from £384.5m to £691.7m (+80%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 159%. Over the whole period it spent 86% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Lloyd's Register Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 100th percentile. Charities of a similar size with the same main cause include Cardiff University (£634.1m), Cancer Research UK (£734.8m) and Wellcome Trust (£589.5m).

In its latest detailed accounts, income came from trading 97% and investments 3.2%. Charitable activities took 3.6% of spending and raising funds 0.1%. Grants to other organisations totalled £12.7m. Reserves of £634.8m would cover about 11 months of spending at that rate. It employed 4,163 people.