Akama
Analysis
Akama is a registered charity in England and Wales, based in London. It was registered in April 2022, 4 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 organisations and provides services.
In the financial year ending March 2025, Akama reported income of £92k and spending of £91k, spending 98% of its income. Across the 3 years on record, from March 2023 to March 2025, income grew from £7,241 to £92k (+1171%), an average of +256% a year. The sharpest change came in the year to March 2025, when income rose by 2873%. Over the whole period it spent 95% of the income it received.
Among 1,869 England and Wales charities whose main cause is community and economic development and that reported income, Akama sits at the 61st percentile: it is larger than about 61% of them. Against every charity in England and Wales with reported income it ranks in the 70th percentile. Charities of a similar size with the same main cause include Bright Park (£92k), Digby Village Playgroup (£93k) and Jordans Village Hall Trust (£92k).
Income and spending
Where the income comes from
- Other 100%
In the charity's own words
Akama develops higher education scholarships and sets eligibility criteria through analysing data on societal need, and where there are specific gaps, for example, students from poorer backgrounds or industries where there is under-representation. Each scholarship relates to a profession rather than a subject and students at any UK university that match the criteria may apply.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bright Park | Liverpool | £92k |
| Digby Village Playgroup | Lincoln | £93k |
| Jordans Village Hall Trust | Beaconsfield | £92k |
| Sandmartins Activity Club | Wareham | £93k |