Kartik Prabhu Memorial Foundation

Analysis

Kartik Prabhu Memorial Foundation is a registered charity in England and Wales, based in London. It was registered in March 2020, 6 years ago. Its declared purposes cover education/training and economic/community development/employment, which this site groups under community and economic development. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to individuals, makes grants to organisations and provides advocacy/advice/information.

In the financial year ending March 2025, Kartik Prabhu Memorial Foundation reported income of £327k and spending of £129k, leaving 60% of income unspent that year. Across the 5 years on record, from May 2021 to March 2025, income fell from £601k to £327k (-46%), an average of -14% a year. The sharpest change came in the year to March 2025, when income rose by 330%. Over the whole period it spent 15% of the income it received.

Among 1,869 England and Wales charities whose main cause is community and economic development and that reported income, Kartik Prabhu Memorial Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in England and Wales with reported income it ranks in the 86th percentile. Charities of a similar size with the same main cause include The Lauries Ltd (£323k), The Mason Foundation (£328k) and Sultan Bahu Centre (£320k).