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Fusion21 Foundation

RegisteredRegistered charity number 1164818PrescotCommunity and economic development
Income£13.5m2025-03-31
Spending£8.2msame year
Spent / received71%5-year average
Size in its cause99th pctCommunity and economic development
Registered2015Charitable company
Employees71latest return

Analysis

Fusion21 Foundation is a registered charity in England and Wales, based in Prescot. It was registered in December 2015, 11 years ago. Its declared purposes cover economic/community development/employment, which this site groups under community and economic development. Legally it is a charitable company (Companies House number 07998339). It says it makes grants to individuals, makes grants to organisations and provides other finance.

In the financial year ending March 2025, Fusion21 Foundation reported income of £13.5m and spending of £8.2m, leaving 39% of income unspent that year. Across the 5 years on record, from March 2021 to March 2025, income grew from £6.1m to £13.5m (+120%), an average of +22% a year. The sharpest change came in the year to March 2024, when income rose by 46%. Over the whole period it spent 71% of the income it received.

Among 1,869 England and Wales charities whose main cause is community and economic development and that reported income, Fusion21 Foundation sits at the 99th 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 99th percentile. Charities of a similar size with the same main cause include The Institute for Fiscal Studies (£13.1m), Ellen Macarthur Foundation (£14.0m) and Giving What We Can UK (£12.6m).

In its latest detailed accounts, income came from trading 96% and investments 4.3%. Charitable activities took 16% of spending and raising funds 84%. Grants to other organisations totalled £1.1m. Reserves of £4.0m would cover about 6 months of spending at that rate. It employed 71 people.

Income and spending

£0£3.4m£6.7m£10.1m£13.5m2021 Income: £6,142,8532021 Spending: £4,797,24520212022 Income: £7,084,8442022 Spending: £5,476,90120222023 Income: £8,513,8652023 Spending: £7,383,84420232024 Income: £12,463,9452024 Spending: £7,854,09520242025 Income: £13,486,1102025 Spending: £8,172,1262025
IncomeSpending

Where the income comes from

  • Donations 0.0%
  • Trading 96%
  • Investments 4.3%

In the charity's own words

The charity's primary objective is to tackle social and economic exclusion, supporting geographical economics and local residents within these areas to obtain social wellbeing and enhance quality of life.

Similar-sized charities, same cause

CharityLocationIncome
The Institute for Fiscal StudiesLondon£13.1m
Ellen Macarthur FoundationCowes£14.0m
Giving What We Can UKLondon£12.6m
Career ConnectLiverpool£14.2m