St Olave's & St Saviour's Schools Foundation CIO
Analysis
St Olave's & St Saviour's Schools Foundation CIO is a registered charity in England and Wales, based in London. It was registered in February 2019, 7 years ago. Its declared purposes cover education/training, which this site groups under education and training. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to individuals, makes grants to organisations and provides buildings/facilities/open space.
In the financial year ending March 2026, St Olave's & St Saviour's Schools Foundation CIO reported income of £1.7m and spending of £1.6m, spending 92% of its income. Across the 5 years on record, from March 2022 to March 2026, income grew from £1.2m to £1.7m (+44%), an average of +9.6% a year. The sharpest change came in the year to March 2026, when income rose by 31%. Over the whole period it spent 110% of the income it received.
Among 21,402 England and Wales charities whose main cause is education and training and that reported income, St Olave's & St Saviour's Schools Foundation CIO sits at the 95th percentile: it is larger than about 95% of them. Against every charity in England and Wales with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include The Engineering Trust (£1.7m), Yeshivah L'zeirim (£1.7m) and Grace Foundation (£1.7m).
In its latest detailed accounts, income came from investments 73% and donations and legacies 17%. Charitable activities took 72% of spending and raising funds 27%. Grants to other organisations totalled £795k. Reserves of £2.7m would cover about 20 months of spending at that rate. It employed 2 people.
Income and spending
Where the income comes from
- Donations 17%
- Investments 73%
- Other 10%
In the charity's own words
The objects of the Foundation are to support the provision of education by the two schools of the Foundation, St Olave's & St Saviour's Grammar School, Orpington and St Saviour's & St Olave's School, Southwark; to support the education of young people under the age of 25 in Southwark either directly or through other organisations; and to support the choir of Southwark Cathedral.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Engineering Trust | Oxfordshire | £1.7m |
| Yeshivah L'zeirim | Tyne And Wear | £1.7m |
| Grace Foundation | Solihull | £1.7m |
| The Central Foundation Schools of London | London | £1.7m |