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Akama

RegisteredRegistered charity number 1198572LondonCommunity and economic development
Income£92k2025-03-31
Spending£91ksame year
Spent / received95%3-year average
Size in its cause61st pctCommunity and economic development
Registered2022CIO
Employees–latest return

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

£0£23k£46k£69k£92k2023 Income: £7,2412023 Spending: £5,87920232024 Income: £3,0962024 Spending: £83720242025 Income: £92,0302025 Spending: £90,6342025
IncomeSpending

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

CharityLocationIncome
Bright ParkLiverpool£92k
Digby Village PlaygroupLincoln£93k
Jordans Village Hall TrustBeaconsfield£92k
Sandmartins Activity ClubWareham£93k