Honourable Artillery Company
Analysis
Honourable Artillery Company is a registered charity in England and Wales, based in London. It was registered in April 1964, 62 years ago. Its declared purposes cover education/training, the prevention or relief of poverty, arts/culture/heritage/science and amateur sport, which this site groups under poverty relief. It says it makes grants to individuals, makes grants to organisations and provides buildings/facilities/open space.
In the financial year ending October 2025, Honourable Artillery Company reported income of £5.4m and spending of £5.2m, spending 97% of its income. Across the 5 years on record, from October 2021 to October 2025, income grew from £3.4m to £5.4m (+59%), an average of +12% a year. The sharpest change came in the year to October 2022, when income rose by 37%. Over the whole period it spent 98% of the income it received.
Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Honourable Artillery Company sits at the 99th percentile: it is larger than about 99% of them. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include Oxford Diocesan Council for Social Work Incorporated (£5.4m), Valley Cids and Related Charities (£5.4m) and The Royal Agricultural Benevolent Institution (£5.4m).
In its latest detailed accounts, income came from trading 50%, investments 36%, charitable activities 7.2% and donations and legacies 1.3%. Gifts in wills alone brought in £60k. Charitable activities took 66% of spending and raising funds 33%. Grants to other organisations totalled £974k. Reserves of £2.0m would cover about 5 months of spending at that rate. It employed 27 people.
Income and spending
Where the income comes from
- Donations 0.2%
- Legacies 1.1%
- Charitable activities 7.2%
- Trading 50%
- Investments 36%
- Other 6.2%
In the charity's own words
Support of the HAC Regiment (a Reserve Unit of the Army), a Detachment of the City of London Special Constabulary, Benevolent Fund and ceremonial Sub-units (The Pikemen & Musketeers and the Light Cavalry), Conservation of the Company's Estate and Preservation of the Company's Treasures; by assisting with recruitment, Sustaining Company Membership and ensuring Long-Term Sustainability.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Oxford Diocesan Council for Social Work Incorporated | Berkshire | £5.4m |
| Valley Cids and Related Charities | Alfreton | £5.4m |
| The Royal Agricultural Benevolent Institution | Oxford | £5.4m |
| Mayfair Charities Limited | London | £5.4m |