Jcoci Educational Foundation Ltd

Analysis

Jcoci Educational Foundation Ltd is a registered charity in England and Wales, based in Canvey Island. It was registered in April 2017, 9 years ago. Its declared purposes cover education/training, the prevention or relief of poverty, religious activities and recreation, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 10248688). It says it makes grants to individuals, makes grants to organisations and provides buildings/facilities/open space.

In the financial year ending June 2023, Jcoci Educational Foundation Ltd reported income of £916k and spending of £927k, spending 101% of its income. Across the 3 years on record, from July 2021 to June 2023, income fell from £991k to £916k (-7.5%), an average of -3.8% a year. Over the whole period it spent 115% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Jcoci Educational Foundation Ltd sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in England and Wales with reported income it ranks in the 93rd percentile. Charities of a similar size with the same main cause include Ezer Bekovoid Limited (£914k), The Centre for Global Equality Limited (£921k) and Sri Lankan Muslim Cultural Centre UK (£913k).

In its latest detailed accounts, income came from donations and legacies 91% and trading 8.9%. Charitable activities took 97% of spending and raising funds 0.4%. Reserves of £6,968 would cover about 0 months of spending at that rate. It employed 24 people.

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.