Tallow Chandlers Benevolent Fund No 2
Analysis
Tallow Chandlers Benevolent Fund No 2 is a registered charity in England and Wales, based in London. It was registered in April 1966, 60 years ago. Its declared purposes cover education/training, the advancement of health or saving of lives, disability and arts/culture/heritage/science, which this site groups under health and saving lives. Legally it is a charitable trust. It says it makes grants to organisations.
In the financial year ending April 2026, Tallow Chandlers Benevolent Fund No 2 reported income of £721k and spending of £613k, spending 85% of its income. Across the 5 years on record, from April 2022 to April 2026, income fell from £1.0m to £721k (-30%), an average of -8.6% a year. The sharpest change came in the year to April 2024, when income dropped by 17%. Over the whole period it spent 95% of the income it received.
Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Tallow Chandlers Benevolent Fund No 2 sits at the 87th percentile: it is larger than about 87% of them. Against every charity in England and Wales with reported income it ranks in the 92nd percentile. Charities of a similar size with the same main cause include Peterborough United Foundation (£720k), Prosper Wakefield District Ltd (£722k) and Brymbo & Tanyfron Regeneration Trust (£719k).
In its latest detailed accounts, income came from investments 50% and donations and legacies 50%. Charitable activities took 88% of spending and raising funds 12%. Reserves of £13.7m would cover about 268 months of spending at that rate.
Income and spending
Where the income comes from
- Donations 50%
- Investments 50%
In the charity's own words
The Charity's principal aim is to provide relevant, focused support and giving for the benefit of disadvantaged young people mainly in the Greater London area, to encourage them to succeed in life. This support is primarily provided through education. It supports charities and charitable organisations that provide public benefit by providing donations, bursaries, and scholarships.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Peterborough United Foundation | Peterborough | £720k |
| Prosper Wakefield District Ltd | Wakefield | £722k |
| Brymbo & Tanyfron Regeneration Trust | Clwyd | £719k |
| The Smiles Foundation | Lancashire | £722k |