The Leverhulme Trust

Analysis

The Leverhulme Trust is a registered charity in England and Wales, based in London. It was registered in November 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 incorporated organisation (CIO). It says it makes grants to individuals and makes grants to organisations.

In the financial year ending December 2025, The Leverhulme Trust reported income of £124.5m and spending of £139.1m, spending 112% of what it took in. Across the 5 years on record, from December 2021 to December 2025, income grew from £95.1m to £124.5m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2025, when income rose by 20%. Over the whole period it spent 122% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, The Leverhulme Trust sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 100th percentile. Charities of a similar size with the same main cause include The National Society for the Prevention of Cruelty to Children (£120.3m), Prifysgol Aberystwyth (£127.4m) and Northeastern University - London (£108.1m).

In its latest detailed accounts, income came from investments 100%. Charitable activities took 97% of spending and raising funds 2.8%. Grants to other organisations totalled £131.3m. Reserves of £4.14bn would cover about 356 months of spending at that rate. It employed 19 people.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.