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MTT Foundation

RegisteredRegistered charity number 1165689LondonPoverty relief
Income£487k2024-12-31
Spending£537ksame year
Spent / received85%5-year average
Size in its cause87th pctPoverty relief
Registered2016CIO
Employees–latest return

Analysis

MTT Foundation is a registered charity in England and Wales, based in London. It was registered in February 2016, 10 years ago. Its declared purposes cover general charitable purposes, education/training, the prevention or relief of poverty and religious activities, which this site groups under poverty relief. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to individuals, makes grants to organisations and provides other finance.

In the financial year ending December 2024, MTT Foundation reported income of £487k and spending of £537k, spending 110% of what it took in. Across the 5 years on record, from September 2020 to December 2024, income grew from £344k to £487k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2023, when income rose by 191%. Over the whole period it spent 85% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, MTT Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in England and Wales with reported income it ranks in the 90th percentile. Charities of a similar size with the same main cause include Blyth Tall Ship (£487k), Friends of Wmsbg-Kolel Damesek Eliezer (£488k) and Freedoms Ark Trust (£487k).

Income and spending

£0£235k£471k£706k£942k2020 Income: £344,2202020 Spending: £258,50420202021 Income: £353,9292021 Spending: £257,14920212022 Income: £323,0792022 Spending: £279,03520222023 Income: £941,6592023 Spending: £753,61920232024 Income: £487,3512024 Spending: £537,0142024
IncomeSpending

Where the income comes from

  • Other 100%

In the charity's own words

Provide facilities for a synagogue for prayer, religious worship and communal activities.Provide grants and donations to other charities to help relieve poverty

Similar-sized charities, same cause

CharityLocationIncome
Blyth Tall ShipNorthumberland£487k
Friends of Wmsbg-Kolel Damesek EliezerLondon£488k
Freedoms Ark TrustLondon£487k
Child Rescue NepalCroydon£488k