Grangewood Educational Association

Analysis

Grangewood Educational Association is a registered charity in England and Wales, based in London. It was registered in June 1990, 36 years ago. Its declared purposes cover education/training, religious activities and economic/community development/employment, which this site groups under religion. Legally it is a charitable company (Companies House number 02435643). It says it provides buildings/facilities/open space.

In the financial year ending August 2024, Grangewood Educational Association reported income of £856k and spending of £955k, spending 112% of what it took in. Across the 4 years on record, from August 2021 to August 2024, income grew from £326k to £856k (+162%), an average of +38% a year. The sharpest change came in the year to August 2022, when income rose by 87%. Over the whole period it spent 116% of the income it received.

Among 20,496 England and Wales charities whose main cause is religion and that reported income, Grangewood Educational Association sits at the 96th percentile: it is larger than about 96% of them. Against every charity in England and Wales with reported income it ranks in the 93rd percentile. Charities of a similar size with the same main cause include Institute of Charity (£855k), Apex Trust (£859k) and Guru Nanak Gurdwara (£854k).

In its latest detailed accounts, income came from trading 100%. Charitable activities took 72% of spending and raising funds 28%. Reserves of £200k would cover about 3 months of spending at that rate. It employed 22 people.

Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue. Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.