The Prudence Trust

Analysis

The Prudence Trust is a registered charity in England and Wales, based in London. It was registered in February 2020, 6 years ago. Its declared purposes cover general charitable purposes, which this site groups under grant-making and general purposes. Legally it is a charitable trust. It says it makes grants to organisations and provides other finance.

In the financial year ending December 2025, The Prudence Trust reported income of £3.1m and spending of £8.7m, spending 284% of what it took in. Across the 5 years on record, from December 2021 to December 2025, income fell from £49.5m to £3.1m (-94%), an average of -50% a year. The sharpest change came in the year to December 2024, when income dropped by 76%. Over the whole period it spent 46% 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 Prudence Trust sits at the 98th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 97th percentile. Charities of a similar size with the same main cause include Nineteen Eighty Nine Charitable Trust (£3.0m), Bradford VCS Alliance Limited (£3.1m) and The Broomton Foundation (£3.0m).

In its latest detailed accounts, income came from investments 96% and donations and legacies 2.9%. Charitable activities took 89% of spending and raising funds 11%. Grants to other organisations totalled £7.0m. Reserves of £82.1m would cover about 112 months of spending at that rate. It employed 5 people.