Kollel Binyan Simcha
Analysis
Kollel Binyan Simcha is a registered charity in England and Wales, based in Salford. It was registered in May 2014, 12 years ago. Its declared purposes cover general charitable purposes and the prevention or relief of poverty, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 08871647). It says it makes grants to individuals and makes grants to organisations.
In the financial year ending January 2025, Kollel Binyan Simcha reported income of £573k and spending of £577k, spending 101% of its income. Across the 5 years on record, from January 2021 to January 2025, income grew from £223k to £573k (+156%), an average of +26% a year. The sharpest change came in the year to January 2025, when income rose by 37%. 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, Kollel Binyan Simcha sits at the 88th percentile: it is larger than about 88% of them. Against every charity in England and Wales with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include MRC Community Action (£572k), Redeemer Trust Ltd (£573k) and The King's Church Durham (£571k).
In its latest detailed accounts, income came from donations and legacies 100%. Charitable activities took 93% of spending and raising funds 6.5%. Grants to other organisations totalled £214k. Reserves of £9,208 would cover about 0 months of spending at that rate.
Income and spending
Where the income comes from
- Donations 100%
In the charity's own words
The prevention and relief of poverty or financial hardship by providing grants or loans to individuals in need and/or charities or other organisations working to prevent or relieve poverty or financial hardship
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| MRC Community Action | Coalville | £572k |
| Redeemer Trust Ltd | Plymouth | £573k |
| The King's Church Durham | Durham | £571k |
| Hudswell Community Charity | Richmond | £573k |