Korea Future Initiative CIO

Analysis

Korea Future Initiative CIO is a registered charity in England and Wales, based in New Malden. It was registered in September 2019, 7 years ago. Its declared purposes cover human rights/religious or racial harmony/equality or diversity, which this site groups under human rights and equality. Legally it is a charitable incorporated organisation (CIO). It says it sponsors or undertakes research.

In the financial year ending December 2024, Korea Future Initiative CIO reported income of £968k and spending of £977k, spending 101% of its income. Across the 4 years on record, from December 2021 to December 2024, income grew from £507k to £968k (+91%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 99% of the income it received.

Among 700 England and Wales charities whose main cause is human rights and equality and that reported income, Korea Future Initiative CIO sits at the 91st percentile: it is larger than about 91% of them. Against every charity in England and Wales with reported income it ranks in the 94th percentile. Charities of a similar size with the same main cause include Forward Thinking (£966k), Protection Approaches (£973k) and Fahamu Trust (£962k).

In its latest detailed accounts, income came from donations and legacies 98%. Charitable activities took 91% of spending and raising funds 1.0%. Reserves of £52k would cover about 1 months of spending at that rate. It employed 12 people.

Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue.