Eleva Foundation Ltd

Analysis

Eleva Foundation Ltd is a registered charity in England and Wales, based in London. It was registered in February 2015, 11 years ago. Its declared purposes cover the prevention or relief of poverty, which this site groups under poverty relief. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to organisations.

In the financial year ending March 2026, Eleva Foundation Ltd reported income of £6.7m and spending of £6.2m, spending 94% of its income. Across the 5 years on record, from March 2022 to March 2026, income grew from £5.3m to £6.7m (+25%), an average of +5.8% a year. The sharpest change came in the year to March 2025, when income rose by 78%. Over the whole period it spent 97% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Eleva Foundation Ltd sits at the 99th percentile: it is larger than about 99% of them. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include The Mercers Charitable Foundation (£6.6m), Redeemed Christian Church of God (£6.7m) and North London Welfare and Educational Foundation (£6.6m).

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 £6.2m. Reserves of £1.9m would cover about 4 months of spending at that rate.