Wellbank Foundation
Analysis
Wellbank Foundation is a registered charity in England and Wales, based in Newcastle Upon Tyne. It was registered in November 2020, 6 years ago. Its declared purposes cover other charitable purposes, which this site groups under other charitable purposes. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to organisations.
In the financial year ending March 2026, Wellbank Foundation reported income of £45k and spending of £62k, spending 138% of what it took in. Across the 5 years on record, from March 2022 to March 2026, income fell from £225k to £45k (-80%), an average of -33% a year. The sharpest change came in the year to March 2024, when income rose by 310%. Over the whole period it spent 94% of the income it received.
Among 1,463 England and Wales charities whose main cause is other charitable purposes and that reported income, Wellbank Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in England and Wales with reported income it ranks in the 59th percentile. Charities of a similar size with the same main cause include Cricklade Open Door (£45k), The Big Yellow Bus Project (£45k) and Melksham and District Link Scheme (£45k).
Income and spending
Where the income comes from
- Other 100%
In the charity's own words
We are a grant-making charity that supports registered charities based in North East England. We're passionate about the region and want to back initiatives that improve people's lives and help them reach their full potential by helping charities help those who are disadvantaged, by finance, health or other reason. Specifically projects providing educational, sporting or environmental benefits.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cricklade Open Door | Swindon | £45k |
| The Big Yellow Bus Project | Gloucestershire | £45k |
| Melksham and District Link Scheme | Wiltshire | £45k |
| 5 Regt Ra | Richmond | £45k |