MIT Foundation (UK) Limited

Analysis

MIT Foundation (UK) Limited is a registered charity in England and Wales, based in London. It was registered in October 2014, 12 years ago. Its declared purposes cover general charitable purposes and education/training, which this site groups under education and training. Legally it is a charitable company (Companies House number 09102473). It says it makes grants to organisations and sponsors or undertakes research.

In the financial year ending June 2025, MIT Foundation (UK) Limited reported income of £7.3m and spending of £7.3m, spending 100% of its income. Across the 5 years on record, from June 2021 to June 2025, income grew from £1.7m to £7.3m (+321%), an average of +43% a year. The sharpest change came in the year to June 2025, when income rose by 1699%. Over the whole period it spent 100% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, MIT Foundation (UK) Limited sits at the 98th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Beachborough School Trust Limited (£7.3m), Ecfr (£7.3m) and Ark UK Programmes (£7.3m).

In its latest detailed accounts, income came from donations and legacies 100%. Charitable activities took 100% of spending and raising funds 0.0%. Grants to other organisations totalled £7.3m. Reserves of £9,364 would cover about 0 months of spending at that rate.