The Royal Naval Benevolent Trust (Grand Fleet and Kindred Funds)

Analysis

The Royal Naval Benevolent Trust (Grand Fleet and Kindred Funds) is a registered charity in England and Wales, based in Portsmouth. It was registered in February 1963, 63 years ago. Its declared purposes cover education/training, the advancement of health or saving of lives, disability and the prevention or relief of poverty, which this site groups under health and saving lives. It says it makes grants to individuals, provides buildings/facilities/open space and provides services.

In the financial year ending March 2026, The Royal Naval Benevolent Trust (Grand Fleet and Kindred Funds) reported income of £11.3m and spending of £12.6m, spending 112% of what it took in. Across the 5 years on record, from March 2022 to March 2026, income grew from £6.3m to £11.3m (+79%), an average of +16% a year. The sharpest change came in the year to March 2025, when income rose by 34%. Over the whole period it spent 108% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, The Royal Naval Benevolent Trust (Grand Fleet and Kindred Funds) sits at the 98th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Mercy Ships - U.k Ltd (£11.2m), The Kennedy Trust for Rheumatology Research (£11.3m) and Fire Fighters Charity (£11.2m).

In its latest detailed accounts, income came from charitable activities 85%, investments 9.5% and donations and legacies 5.2%. Gifts in wills alone brought in £246k. Charitable activities took 97% of spending and raising funds 2.8%. Grants to other organisations totalled £85k. Reserves of £14.7m would cover about 14 months of spending at that rate. It employed 218 people.