The Read School, Drax

Analysis

The Read School, Drax is a registered charity in England and Wales, based in Selby. It was registered in January 1968, 58 years ago. Its declared purposes cover general charitable purposes and education/training, which this site groups under education and training. It says it makes grants to individuals, provides human resources and provides buildings/facilities/open space.

In the financial year ending August 2025, The Read School, Drax reported income of £4.1m and spending of £4.3m, spending 104% of its income. Across the 5 years on record, from August 2021 to August 2025, income grew from £2.5m to £4.1m (+61%), an average of +13% a year. The sharpest change came in the year to August 2022, when income rose by 20%. Over the whole period it spent 103% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, The Read School, Drax sits at the 97th percentile: it is larger than about 97% of them. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include West House School (£4.1m), Durlston Court School Trust Limited (£4.1m) and The Independent Schools' Bursars Association (£4.1m).

In its latest detailed accounts, income came from charitable activities 98% and donations and legacies 1.7%. Charitable activities took 80% of spending and raising funds 0.3%. It employed 85 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.