Refreshing Minds

Analysis

Refreshing Minds is a registered charity in England and Wales, based in London. It was registered in March 2016, 10 years ago. Its declared purposes cover education/training, the prevention or relief of poverty and recreation, which this site groups under poverty relief. Legally it is a charitable trust. It says it makes grants to individuals, provides human resources and provides buildings/facilities/open space.

In the financial year ending March 2025, Refreshing Minds reported income of £568k and spending of £536k, spending 94% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £252k to £568k (+126%), an average of +23% a year. The sharpest change came in the year to March 2022, when income rose by 61%. Over the whole period it spent 94% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Refreshing Minds sits at the 88th percentile: it is larger than about 88% of them. Against every charity in England and Wales with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include St Pauls Advice Centre (£568k), The East Looe Town Trust (£569k) and The Central Gurdwara (British Isles) London Khalsa Jatha (£567k).

In its latest detailed accounts, income came from donations and legacies 90% and charitable activities 9.7%. Charitable activities took 83% of spending and raising funds 8.2%. Reserves of £56k would cover about 1 months of spending at that rate.