The Wave Project

Analysis

The Wave Project is a registered charity in England and Wales, based in Cornwall. It was registered in September 2015, 11 years ago. Its declared purposes cover education/training, the advancement of health or saving of lives, disability and amateur sport, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 07489189). It says it provides services.

In the financial year ending January 2026, The Wave Project reported income of £1.8m and spending of £1.7m, spending 98% of its income. Across the 5 years on record, from January 2022 to January 2026, income grew from £1.5m to £1.8m (+19%), an average of +4.3% a year. The sharpest change came in the year to January 2023, when income rose by 17%. Over the whole period it spent 97% 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 Wave Project sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in England and Wales with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include Rochdale and District Mind (£1.8m), Chilterns Neuro Centre Ltd (£1.8m) and Retina UK (£1.7m).

In its latest detailed accounts, income came from donations and legacies 79%, charitable activities 15% and trading 5.8%. Charitable activities took 89% of spending and raising funds 5.4%. Reserves of £42k would cover about 0 months of spending at that rate. It employed 33 people.