Magdalen & Lasher Charity - Old Hastings House, Charitable Incorporated Organisation
Analysis
Magdalen & Lasher Charity - Old Hastings House, Charitable Incorporated Organisation is a registered charity in England and Wales, based in East Sussex. It was registered in October 2014, 12 years ago. Its declared purposes cover the advancement of health or saving of lives, the prevention or relief of poverty and other charitable purposes, which this site groups under health and saving lives. Legally it is a charitable incorporated organisation (CIO). It says it provides services.
In the financial year ending March 2025, Magdalen & Lasher Charity - Old Hastings House, Charitable Incorporated Organisation reported income of £2.5m and spending of £3.4m, spending 135% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £2.1m to £2.5m (+20%), an average of +4.7% a year. Over the whole period it spent 104% of the income it received.
Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Magdalen & Lasher Charity - Old Hastings House, Charitable Incorporated Organisation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in England and Wales with reported income it ranks in the 97th percentile. Charities of a similar size with the same main cause include The Most Venerable Order of the Hospital of St John of Jerusalem (The Order of St John) (£2.5m), Age UK Oldham Limited (£2.5m) and Follicular Lymphoma Foundation (£2.5m).
In its latest detailed accounts, income came from charitable activities 98%. Charitable activities took 99% of spending and raising funds 0.0%. Reserves of £1.5m would cover about 5 months of spending at that rate. It employed 93 people.
Income and spending
Where the income comes from
- Donations 0.1%
- Charitable activities 98%
- Investments 0.3%
- Other 1.7%
In the charity's own words
The provision of residential care on a not-for -profit basis for elderly residents of Hastings in a 59 room care home.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Most Venerable Order of the Hospital of St John of Jerusalem (The Order of St John) | London | £2.5m |
| Age UK Oldham Limited | Oldham | £2.5m |
| Follicular Lymphoma Foundation | London | £2.5m |
| Urban Green Newcastle | Newcastle Upon Tyne | £2.5m |