Tuco Foundation CIO
Analysis
Tuco Foundation CIO is a registered charity in England and Wales, based in Manchester. It was registered in January 2024, 2 years ago. Its declared purposes cover general charitable purposes, education/training and other charitable purposes, 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 March 2026, Tuco Foundation CIO reported income of £734k and spending of £778k, spending 106% of what it took in. Across the 2 years on record, from March 2025 to March 2026, income fell from £1.6m to £734k (-53%), an average of -53% a year. The sharpest change came in the year to March 2026, when income dropped by 53%. Over the whole period it spent 70% of the income it received.
Among 21,402 England and Wales charities whose main cause is education and training and that reported income, Tuco Foundation CIO sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in England and Wales with reported income it ranks in the 92nd percentile. Charities of a similar size with the same main cause include Kaa Intrepidus Trust (£733k), Evergreen Collective (£734k) and Little Echoes Day Nursery Ltd (£730k).
In its latest detailed accounts, income came from donations and legacies 85% and charitable activities 15%. Charitable activities took 92% of spending and raising funds 0.0%. Reserves of £683k would cover about 10 months of spending at that rate. It employed 8 people.
Income and spending
Where the income comes from
- Donations 85%
- Charitable activities 15%
In the charity's own words
The objects of the Foundation are for the public benefit:3.1 to advance education in such ways as the charity trustees think fit, in particular but not limited to the promotion and provision of training in catering and hospitality; and
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kaa Intrepidus Trust | London | £733k |
| Evergreen Collective | derbyshire | £734k |
| Little Echoes Day Nursery Ltd | Bagshot | £730k |
| Selsey Community Nursery | Chichester | £737k |