Aged Merchant Seamen's Homes

Analysis

Aged Merchant Seamen's Homes is a registered charity in England and Wales, based in Sunderland. It was registered in October 1963, 63 years ago. Its declared purposes cover general charitable purposes, the prevention or relief of poverty and accommodation/housing, which this site groups under poverty relief. It says it provides buildings/facilities/open space.

In the financial year ending December 2024, Aged Merchant Seamen's Homes reported income of £185k and spending of £229k, spending 124% of what it took in. Across the 5 years on record, from December 2020 to December 2024, income grew from £119k to £185k (+56%), an average of +12% a year. The sharpest change came in the year to December 2024, when income rose by 25%. Over the whole period it spent 134% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Aged Merchant Seamen's Homes sits at the 75th percentile: it is larger than about 75% of them. Against every charity in England and Wales with reported income it ranks in the 80th percentile. Charities of a similar size with the same main cause include Hartlepool Foodbank CIO (£185k), Agudas Israel Community Services (£185k) and Jamia Darus Sunnah London (£184k).

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.