The Mulchand Foundation

Analysis

The Mulchand Foundation is a registered charity in England and Wales, based in Leigh. It was registered in January 2019, 7 years ago. Its declared purposes cover general charitable purposes, which this site groups under grant-making and general purposes. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to organisations.

In the financial year ending February 2026, The Mulchand Foundation reported income of £792k and spending of £309k, leaving 61% of income unspent that year. Across the 5 years on record, from February 2022 to February 2026, income grew from £257k to £792k (+209%), an average of +33% a year. The sharpest change came in the year to February 2024, when income rose by 9405%. Over the whole period it spent 64% of the income it received.

Among 5,976 England and Wales charities whose main cause is grant-making and general purposes and that reported income, The Mulchand Foundation sits at the 94th percentile: it is larger than about 94% 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 Cullum Family Trust (£788k), Bridge Institute (£795k) and The Y B Charity (£786k).

In its latest detailed accounts, income came from donations and legacies 99% and investments 1.0%. Charitable activities took 100% of spending and raising funds 0.0%. Reserves of £871k would cover about 34 months of spending at that rate.