Activities

As described by the charity on the register

The UK's innovation agency for social good. We design, test and scale new solutions to society's biggest problems, changing millions of lives for the better. We will focus our energy and resources on three innovation missions: a fairer start for every child; a healthy life for all, and a sustainable future where the economy works better for people and the planet.

Latest income

£55.3m

Expenditure

£73.6m

Financial year end

2025-03-31

Income & spending history

As reported to the Charity Commission, by financial year end

Year end Income Expenditure income spend
2021-03-31 £29.6m £37.1m
2022-03-31 £21.6m £41.6m
2023-03-31 £46.1m £60.9m
2024-03-31 £52.4m £65.7m
2025-03-31 £55.3m £73.6m

Latest detailed return

Year end 2025-03-31 · consolidated (group) figures

Income mix

Donations & legacies £0
Charitable activities £11.9m
Trading £26.9m
Investment income £15.0m
Total income £55.3m

Spending

Charitable spend £50.4m
Raising funds £23.2m
Grants to institutions £12.5m
Governance £643k
Total expenditure £73.6m

Balance sheet

Reserves £36.0m
Total funds £474m
— restricted £8.5m
— unrestricted £36.0m
— endowment £429m
Total assets £474m
Cash £21.0m

People

Employees 512

Classification

The charity's own register classification

What it does

  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
  • Arts/culture/heritage/science
  • Environment/conservation/heritage
  • Economic/community Development/employment
  • Other Charitable Purposes

Who it helps

  • Children/young People
  • Elderly/old People
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind

How it works

  • Makes Grants To Organisations
  • Provides Other Finance
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Other Charitable Activities

Source: Charity Commission for England and Wales register, 2026-07-28. Detailed figures as filed in the charity's annual return. Contains public sector information licensed under the Open Government Licence v3.0.