The Spencer Steadman Trust

Analysis

The Spencer Steadman Trust is a registered charity in England and Wales, based in London. It was registered in June 2021, 5 years ago. Its declared purposes cover education/training, which this site groups under education and training. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to organisations.

In the financial year ending April 2025, The Spencer Steadman Trust reported income of £31k and spending of £64k, spending 207% of what it took in. Across the 4 years on record, from April 2022 to April 2025, income fell from £200k to £31k (-84%), an average of -46% a year. The sharpest change came in the year to April 2023, when income dropped by 67%. Over the whole period it spent 72% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, The Spencer Steadman Trust sits at the 60th percentile: it is larger than about 60% of them. Against every charity in England and Wales with reported income it ranks in the 53rd percentile. Charities of a similar size with the same main cause include Seaham District Scout Council (£31k), 25th Southampton (Northam) Sea Scouts (£31k) and Boxmoor Pre-School (£31k).

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.