Royal Merchant Navy Education Foundation

Analysis

Royal Merchant Navy Education Foundation is a registered charity in England and Wales, based in Berkshire. It was registered in August 2013, 13 years ago. Its declared purposes cover education/training, which this site groups under education and training. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to individuals.

In the financial year ending August 2025, Royal Merchant Navy Education Foundation reported income of £551k and spending of £408k, leaving 26% of income unspent that year. Across the 5 years on record, from August 2021 to August 2025, income fell from £554k to £551k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to August 2023, when income rose by 17%. Over the whole period it spent 133% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, Royal Merchant Navy Education Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in England and Wales with reported income it ranks in the 90th percentile. Charities of a similar size with the same main cause include Eastwood Neighbourhood Nursery CIO (£550k), The UK Friends of Georgetown Limited (£553k) and Idpe (£549k).

In its latest detailed accounts, income came from investments 95% and donations and legacies 4.8%. Gifts in wills alone brought in £22k. Charitable activities took 57% of spending and raising funds 41%. Grants to other organisations totalled £55k. Reserves of £17.4m would cover about 502 months of spending at that rate. It employed 3 people.