Faiz Ul Quran Educational Institute

Analysis

Faiz Ul Quran Educational Institute is a registered charity in England and Wales, based in Birmingham. It was registered in April 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 trust. It says it provides buildings/facilities/open space and provides services.

In the financial year ending April 2024, Faiz Ul Quran Educational Institute reported income of £723k and spending of £239k, leaving 67% of income unspent that year. Across the 4 years on record, from April 2021 to April 2024, income grew from £170k to £723k (+325%), an average of +62% a year. The sharpest change came in the year to April 2022, when income rose by 479%. Over the whole period it spent 46% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Faiz Ul Quran Educational Institute sits at the 91st percentile: it is larger than about 91% of them. Against every charity in England and Wales with reported income it ranks in the 92nd percentile. Charities of a similar size with the same main cause include Gochurch Global Ltd (£723k), The Guild of Benevolence of the Institute of Marine Engineering, Science and Technology (£723k) and Emmaus South Wales (£722k).

In its latest detailed accounts, income came from donations and legacies 76% and investments 7.3%. Charitable activities took 0.0% of spending and raising funds 100%. Reserves of £3.7m would cover about 187 months of spending at that rate.

Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue.