Boa Foundation

Analysis

Boa Foundation is a registered charity in England and Wales, based in London. It was registered in January 2017, 9 years ago. Its declared purposes cover general charitable purposes, education/training, the prevention or relief of poverty and accommodation/housing, which this site groups under poverty relief. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to individuals, provides other finance and provides buildings/facilities/open space.

In the financial year ending April 2022, Boa Foundation reported income of £85k and spending of £149k, spending 176% of what it took in. Across the 2 years on record, from April 2021 to April 2022, income fell from £125k to £85k (-32%), an average of -32% a year. The sharpest change came in the year to April 2022, when income dropped by 32%. Over the whole period it spent 99% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Boa Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in England and Wales with reported income it ranks in the 69th percentile. Charities of a similar size with the same main cause include Ea Foundation (£85k), London Bangla Press Club (£85k) and Mosdos Bobov (£85k).

Data notes from the register: The regulator lists this charity as in double default: it has missed the deadline for its annual return or accounts in two or more successive years.