Somerset Local Medical Benevolent Fund
Analysis
Somerset Local Medical Benevolent Fund is a registered charity in England and Wales, based in Taunton. It was registered in February 1962, 64 years ago. Its declared purposes cover other charitable purposes, which this site groups under other charitable purposes. It says it makes grants to individuals.
In the financial year ending March 2025, Somerset Local Medical Benevolent Fund reported income of £26k and spending of £32k, spending 123% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £19k to £26k (+37%), an average of +8.2% a year. The sharpest change came in the year to March 2025, when income rose by 30%. Over the whole period it spent 122% of the income it received.
Among 1,463 England and Wales charities whose main cause is other charitable purposes and that reported income, Somerset Local Medical Benevolent Fund sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in England and Wales with reported income it ranks in the 50th percentile. Charities of a similar size with the same main cause include The West Mercia Police Community Fund (£26k), The Royal Fleet Club Devonport (£26k) and The Crossing Point (£26k).
Income and spending
Where the income comes from
- Other 100%
In the charity's own words
To apply the income of the fund:1. For the assistance or relief of need of any medical practitioner who has practised in Somerset, or his or her immediate dependents.2. To support the costs of the medical training of the child of such a practitioner3. To contribute to such other medical charities as the trustees shall see fit.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The West Mercia Police Community Fund | Worcester | £26k |
| The Royal Fleet Club Devonport | Plymouth | £26k |
| The Crossing Point | Wallasey | £26k |
| Cubbington Village Hall | Coventry | £26k |