University College London Hospitals Charity
Analysis
University College London Hospitals Charity is a registered charity in England and Wales, based in London. It was registered in February 2016, 10 years ago. Its declared purposes cover education/training and the advancement of health or saving of lives, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 12345678). It says it makes grants to organisations, provides buildings/facilities/open space and provides services.
In the financial year ending March 2025, University College London Hospitals Charity reported income of £24.7m and spending of £71.5m, spending 289% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £16.8m to £24.7m (+47%), an average of +10% a year. The sharpest change came in the year to March 2022, when income rose by 58%. Over the whole period it spent 121% of the income it received.
Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, University College London Hospitals Charity 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 100th percentile. Charities of a similar size with the same main cause include Samaritans (£24.6m), United Kingdom for UNHCR (£24.8m) and Air Ambulance Charity Kent Surrey Sussex (£24.4m).
In its latest detailed accounts, income came from donations and legacies 42%, investments 25%, trading 25% and charitable activities 7.5%. Gifts in wills alone brought in £823k. Charitable activities took 40% of spending and raising funds 58%. Grants to other organisations totalled £20.7m. Reserves of £26.3m would cover about 4 months of spending at that rate. It employed 42 people.
Income and spending
Where the income comes from
- Donations 38%
- Legacies 3.3%
- Charitable activities 7.5%
- Trading 25%
- Investments 25%
- Other 0.8%
In the charity's own words
Although our remit is NHS-wide, we primarily provide grants to UCL Hospitals. We aim to ensure that our grant-making activities promote innovation within the Hospitals and help them to operate more effectively. Our areas of support include equipment and infrastructure; staff and patient welfare and amenities and medical research.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Samaritans | Epsom | £24.6m |
| United Kingdom for UNHCR | London | £24.8m |
| Air Ambulance Charity Kent Surrey Sussex | Kent | £24.4m |
| Phyllis Tuckwell Memorial Hospice Ltd | Farnham | £24.9m |