Poundland Foundation

Analysis

Poundland Foundation is a registered charity in England and Wales, based in Glasgow. It was registered in April 2021, 5 years ago. Its declared purposes cover general charitable purposes, which this site groups under grant-making and general purposes. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to individuals and makes grants to organisations.

In the financial year ending September 2024, Poundland Foundation reported income of £1.7m and spending of £1.6m, spending 94% of its income. Across the 3 years on record, from September 2022 to September 2024, income fell from £2.1m to £1.7m (-18%), an average of -9.2% a year. The sharpest change came in the year to September 2023, when income dropped by 26%. Over the whole period it spent 83% 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, Poundland Foundation sits at the 97th percentile: it is larger than about 97% 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 Chapel & York UK Foundation Limited (£1.7m), Ilkley Community Enterprise Ltd (£1.7m) and Camden Giving (£1.7m).

In its latest detailed accounts, income came from donations and legacies 87%, trading 11% and investments 1.7%. Charitable activities took 93% of spending and raising funds 6.3%. Grants to other organisations totalled £1.3m. Reserves of £905k would cover about 7 months of spending at that rate.

Data notes from the register: The register marks this charity as insolvent.