The Extracare Charitable Trust

Analysis

The Extracare Charitable Trust is a registered charity in England and Wales, based in Coventry. It was registered in May 1988, 38 years ago. Its declared purposes cover the advancement of health or saving of lives and accommodation/housing, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 02205136). It says it provides buildings/facilities/open space, provides services and sponsors or undertakes research.

In the financial year ending March 2025, The Extracare Charitable Trust reported income of £69.9m and spending of £74.8m, spending 107% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £41.7m to £69.9m (+68%), an average of +14% a year. The sharpest change came in the year to March 2024, when income rose by 22%. Over the whole period it spent 118% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, The Extracare Charitable Trust sits at the 100th 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 100th percentile. Charities of a similar size with the same main cause include The Children's Investment Fund Foundation (UK) (£69.2m), Anthony Nolan (£70.8m) and UK Biobank Limited (£68.9m).

In its latest detailed accounts, income came from charitable activities 92%, trading 4.0%, donations and legacies 2.2% and investments 1.4%. Gifts in wills alone brought in £76k. Charitable activities took 95% of spending and raising funds 1.6%. Reserves of £348.7m would cover about 56 months of spending at that rate. It employed 1,278 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.