Royal Medical Benevolent Fund

Analysis

Royal Medical Benevolent Fund is a registered charity in England and Wales, based in London. It was registered in January 1964, 62 years ago. Its declared purposes cover the prevention or relief of poverty, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 00139113). It says it makes grants to individuals, provides advocacy/advice/information and sponsors or undertakes research.

In the financial year ending March 2025, Royal Medical Benevolent Fund reported income of £1.8m and spending of £1.6m, spending 90% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £1.2m to £1.8m (+51%), an average of +11% a year. The sharpest change came in the year to March 2024, when income rose by 26%. Over the whole period it spent 107% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Royal Medical Benevolent Fund sits at the 96th percentile: it is larger than about 96% of them. Against every charity in England and Wales with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include Kings Church International (£1.8m), Hounslow Jamia Masjid and Islamic Centre (£1.8m) and Nottingham and District Citizens Advice Bureau (£1.8m).

In its latest detailed accounts, income came from investments 61% and donations and legacies 38%. Gifts in wills alone brought in £328k. Charitable activities took 82% of spending and raising funds 14%. Reserves of £35.9m would cover about 255 months of spending at that rate. It employed 12 people.