Joseph Banks Almshouses

Analysis

Joseph Banks Almshouses is a registered charity in England and Wales, based in Boston. It was registered in September 1983, 43 years ago. Its declared purposes cover accommodation/housing, which this site groups under housing and shelter. It says it provides buildings/facilities/open space.

In the financial year ending April 2025, Joseph Banks Almshouses reported income of £15k and spending of £7,351, leaving 52% of income unspent that year. Across the 5 years on record, from April 2021 to April 2025, income grew from £8,801 to £15k (+73%), an average of +15% a year. The sharpest change came in the year to April 2022, when income rose by 32%. Over the whole period it spent 87% of the income it received.

Among 2,324 England and Wales charities whose main cause is housing and shelter and that reported income, Joseph Banks Almshouses sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in England and Wales with reported income it ranks in the 39th percentile. Charities of a similar size with the same main cause include Radwinter Almshouses (£15k), Victoria Almshouses (£15k) and Shunem Trust (£15k).