Watford Velmurugan Trust (WVMT UK)

Analysis

Watford Velmurugan Trust (WVMT UK) is a registered charity in England and Wales, based in Watford. It was registered in August 2017, 9 years ago. Its declared purposes cover religious activities, which this site groups under religion. Legally it is a charitable incorporated organisation (CIO). It says it provides advocacy/advice/information.

In the financial year ending January 2025, Watford Velmurugan Trust (WVMT UK) reported income of £135k and spending of £111k, spending 82% of its income. Across the 5 years on record, from January 2021 to January 2025, income grew from £30k to £135k (+353%), an average of +46% a year. The sharpest change came in the year to January 2024, when income rose by 226%. Over the whole period it spent 107% of the income it received.

Among 20,496 England and Wales charities whose main cause is religion and that reported income, Watford Velmurugan Trust (WVMT UK) sits at the 69th percentile: it is larger than about 69% of them. Against every charity in England and Wales with reported income it ranks in the 75th percentile. Charities of a similar size with the same main cause include The Parochial Church Council of the Ecclesiastical Parish of St Margaret's Swinton (£135k), Northamptonshire Area Quaker Meeting of the Religious Society of Friends (Quakers) in Britain (£135k) and The Islamic Academy of Manchester (£135k).