The Raphael Freshwater Memorial Association

Analysis

The Raphael Freshwater Memorial Association is a registered charity in England and Wales, based in London. It was registered in March 1962, 64 years ago. Its declared purposes cover general charitable purposes, education/training, the prevention or relief of poverty and religious activities, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 00688212). It says it makes grants to organisations.

In the financial year ending March 2025, The Raphael Freshwater Memorial Association reported income of £11.7m and spending of £11.6m, spending 99% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £9.1m to £11.7m (+29%), an average of +6.5% a year. Over the whole period it spent 111% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, The Raphael Freshwater Memorial Association sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Developing Health and Independence (£11.5m), Centre for Sustainable Energy (£11.7m) and St Mary's College Crosby Trust Limited (£11.5m).

In its latest detailed accounts, income came from investments 83% and donations and legacies 17%. Charitable activities took 55% of spending and raising funds 44%. Grants to other organisations totalled £4.4m. Reserves of £25.3m would cover about 26 months of spending at that rate.