The Royal Masonic Benevolent Institution Care Company
Analysis
The Royal Masonic Benevolent Institution Care Company is a registered charity in England and Wales, based in London. It was registered in August 2015, 11 years ago. Its declared purposes cover the advancement of health or saving of lives, disability and accommodation/housing, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 01293566). It says it makes grants to individuals, provides buildings/facilities/open space and provides services.
In the financial year ending March 2025, The Royal Masonic Benevolent Institution Care Company reported income of £64.6m and spending of £65.1m, spending 101% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £58.1m to £64.6m (+11%), an average of +2.7% a year. Over the whole period it spent 107% of the income it received.
Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, The Royal Masonic Benevolent Institution Care Company 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 Care International UK (£64.1m), International Finance Facility for Immunisation Company (£64.8m) and Mind (The National Association for Mental Health) (£63.7m).
In its latest detailed accounts, income came from charitable activities 87%, donations and legacies 10%, investments 2.0% and trading 1.0%. Gifts in wills alone brought in £28k. Charitable activities took 100% of spending and raising funds 0.1%. Reserves of £99.6m would cover about 18 months of spending at that rate. It employed 1,093 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.
Income and spending
Where the income comes from
- Donations 10.0%
- Legacies 0.0%
- Charitable activities 87%
- Trading 1.0%
- Investments 2.0%
- Other 0.0%
In the charity's own words
The main activity is the provision of 1096 registered beds for Residential, Dementia, and Nursing care in 17 Care Homes throughout England and Wales. In addition the Charity runs approximately 145 sheltered units for those who seek independence and can still look after themselves. Many of these tenants later become residents in the Homes.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Care International UK | London | £64.1m |
| International Finance Facility for Immunisation Company | Cheshire | £64.8m |
| Mind (The National Association for Mental Health) | London | £63.7m |
| SS. John and Elizabeth Charity | London | £65.8m |