The Literature Prize Foundation
Analysis
The Literature Prize Foundation is a registered charity in England and Wales, based in London. It was registered in March 2013, 13 years ago. Its declared purposes cover arts/culture/heritage/science, which this site groups under arts, culture, heritage and science. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to individuals, provides services and other charitable activities.
In the financial year ending December 2025, The Literature Prize Foundation reported income of £15k and spending of £19k, spending 127% of what it took in. Across the 5 years on record, from December 2021 to December 2025, income fell from £228k to £15k (-93%), an average of -49% a year. The sharpest change came in the year to December 2024, when income dropped by 81%. Over the whole period it spent 104% of the income it received.
Among 17,634 England and Wales charities whose main cause is arts, culture, heritage and science and that reported income, The Literature Prize Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in England and Wales with reported income it ranks in the 39th percentile. Charities of a similar size with the same main cause include Reading Barbershop Harmony Club (£15k), U3a Sevenoaks (£15k) and Arts Network Sutton (£15k).
Income and spending
Where the income comes from
- Other 100%
In the charity's own words
The Prize aims to promote reading and appreciation of literature for the public benefit by selecting and raising the profile of the very best works published each year. Through its events, website and other media, it seeks to engage readers and writers throughout the English-speaking world in cultural debate and in the celebration, sustainment and furtherance of the art of literature.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Reading Barbershop Harmony Club | Berkshire | £15k |
| U3a Sevenoaks | Kent | £15k |
| Arts Network Sutton | Surrey | £15k |
| Beccles Library Community Trust | Suffolk | £15k |