The Drapers' Almshouse Charity

Analysis

The Drapers' Almshouse Charity is a registered charity in England and Wales, based in London. It was registered in September 1962, 64 years ago. Its declared purposes cover accommodation/housing, which this site groups under housing and shelter. It says it provides buildings/facilities/open space and provides services.

In the financial year ending July 2025, The Drapers' Almshouse Charity reported income of £1.6m and spending of £2.5m, spending 155% of what it took in. Across the 5 years on record, from July 2021 to July 2025, income grew from £1.4m to £1.6m (+14%), an average of +3.4% a year. The sharpest change came in the year to July 2024, when income rose by 17%. Over the whole period it spent 114% of the income it received.

Among 2,324 England and Wales charities whose main cause is housing and shelter and that reported income, The Drapers' Almshouse Charity sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in England and Wales with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include Allandale Care Group Limited (£1.6m), Canllaw (Eryri) Cyf (£1.6m) and Royal Cambridge Home Limited (£1.6m).

In its latest detailed accounts, income came from charitable activities 67%, investments 29% and donations and legacies 4.8%. Charitable activities took 99% of spending and raising funds 0.0%. Reserves of £5.4m would cover about 26 months of spending at that rate. It employed 2 people.