Walcot Educational Foundation
Analysis
Walcot Educational Foundation is a registered charity in England and Wales, based in London. It was registered in October 1973, 53 years ago. Its declared purposes cover education/training and 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, Walcot Educational Foundation reported income of £3.2m and spending of £4.7m, spending 149% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £3.1m to £3.2m (+1.1%), an average of +0.3% a year. The sharpest change came in the year to March 2023, when income rose by 25%. Over the whole period it spent 135% of the income it received.
Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Walcot Educational Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 97th percentile. Charities of a similar size with the same main cause include Handcrafted Projects (£3.1m), Sanctuary Trust Limited (£3.2m) and Hazrat Sultan Bahu Trust (UK) (£3.1m).
In its latest detailed accounts, income came from investments 99%. Charitable activities took 62% of spending and raising funds 30%. Grants to other organisations totalled £2.7m. Reserves of £8.3m would cover about 19 months of spending at that rate. It employed 8 people.
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.
Income and spending
Where the income comes from
- Donations 0.2%
- Charitable activities 0.8%
- Investments 99%
- Other 0.0%
In the charity's own words
Our area of benefit is coterminous with the London Borough of Lambeth (though we are an entirely independent foundation). We exist for the relief of poverty amongst Lambeth residents (mainly under 30 years of age) and we do this by promoting education (broadly defined). Our aim is to offer a 'hand up', not a 'hand out', and to 'tackle poverty by creating opportunity'.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Handcrafted Projects | Durham | £3.1m |
| Sanctuary Trust Limited | Rochdale | £3.2m |
| Hazrat Sultan Bahu Trust (UK) | Birmingham | £3.1m |
| Praxis Community Projects | London | £3.2m |