Wolverhampton Unit 374 of the Sea Cadet Corps
Analysis
Wolverhampton Unit 374 of the Sea Cadet Corps is a registered charity in England and Wales, based in Wolverhampton. It was registered in April 1980, 46 years ago. Its declared purposes cover education/training, the advancement of health or saving of lives, amateur sport and economic/community development/employment, which this site groups under health and saving lives. It says it provides human resources and provides buildings/facilities/open space.
In the financial year ending March 2026, Wolverhampton Unit 374 of the Sea Cadet Corps reported income of £16k and spending of £17k, spending 104% of its income. Across the 5 years on record, from March 2022 to March 2026, income grew from £8,293 to £16k (+96%), an average of +18% a year. The sharpest change came in the year to March 2024, when income rose by 35%. Over the whole period it spent 106% of the income it received.
Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Wolverhampton Unit 374 of the Sea Cadet Corps sits at the 34th percentile: it is larger than about 34% of them. Against every charity in England and Wales with reported income it ranks in the 40th percentile. Charities of a similar size with the same main cause include Sorkhod Afghanistan Trust (£16k), Força - Strength Against Cancer (£16k) and Warden Hill Community Association (£16k).
Income and spending
Where the income comes from
- Other 100%
In the charity's own words
The aim of the Sea Cadets is to provide young people with the best head start in life through nautical adventure and fun and is based on the customs and traditions of the Royal Navy. Wolverhampton Sea Cadets is a small unit based on the edge of Heath town, a deprived area on the edge of the city centre. All young people are able to gain life skills and study a wide of activities on and off shore
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sorkhod Afghanistan Trust | Kent | £16k |
| Força - Strength Against Cancer | Lymington | £16k |
| Warden Hill Community Association | Luton | £16k |
| Church Stretton Consolidated Charities | Shropshire | £16k |