The Magdalen and Lasher Charity
Analysis
The Magdalen and Lasher Charity is a registered charity in England and Wales, based in East Sussex. It was registered in November 1962, 64 years ago. Its declared purposes cover the prevention or relief of poverty, which this site groups under poverty relief. It says it makes grants to individuals and makes grants to organisations.
In the financial year ending March 2025, The Magdalen and Lasher Charity reported income of £553k and spending of £378k, leaving 32% of income unspent that year. Across the 5 years on record, from March 2021 to March 2025, income grew from £515k to £553k (+7.4%), an average of +1.8% a year. Over the whole period it spent 106% of the income it received.
Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, The Magdalen and Lasher Charity sits at the 88th percentile: it is larger than about 88% of them. Against every charity in England and Wales with reported income it ranks in the 90th percentile. Charities of a similar size with the same main cause include Help Bristol's Homeless Charity (£551k), Baraka Community Partnerships (£554k) and The Fresh Visions People Limited (£551k).
In its latest detailed accounts, income came from investments 100%. Charitable activities took 98% of spending and raising funds 0.0%. Grants to other organisations totalled £100k. It employed 1 people.
Income and spending
Where the income comes from
- Donations 0.2%
- Investments 100%
In the charity's own words
The charity has two objects, namely:1. To pay pensions to elderly necessitous residents of Hastings2. To provide for the relief of need
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Help Bristol's Homeless Charity | Bristol | £551k |
| Baraka Community Partnerships | Middlesex | £554k |
| The Fresh Visions People Limited | London | £551k |
| Basingstoke Voluntary Action | Basingstoke | £555k |