READ FOUNDATION
Activities
As described by the charity on the register
READ FOUNDATION CHANGED ITS LEGAL STRUCTURE FROM A TRUST TO A CHARITABLE COMPANY, NO:1160256. HISTORICAL INFORMATION IS AVAILABLE UNDER THE PREVIOUS CHARITY NUMBER: 1114808.READ Foundation builds purpose built schools to provide quality education for poor and rural communities. It sponsors orphans & needy children to gain the skills needed to help themselves out of poverty.
Latest income
£12.1m
Expenditure
£10.1m
Financial year end
2025-03-31
Income & spending history
As reported to the Charity Commission, by financial year end
| Year end | Income | Expenditure | |
|---|---|---|---|
| 2021-03-31 | £5.4m | £4.9m | |
| 2022-03-31 | £7.3m | £5.4m | |
| 2023-03-31 | £8.5m | £8.0m | |
| 2024-03-31 | £12.1m | £9.3m | |
| 2025-03-31 | £12.1m | £10.1m |
Latest detailed return
Year end 2025-03-31
Income mix
| Donations & legacies | £12.0m |
| Charitable activities | £30k |
| Trading | £0 |
| Investment income | £19k |
| Total income | £12.1m |
Spending
| Charitable spend | £8.1m |
| Raising funds | £2.0m |
| Grants to institutions | £6.1m |
| Governance | £11k |
| Total expenditure | £10.1m |
Balance sheet
| Reserves | £750k |
| Total funds | £9.0m |
| — restricted | £5.0m |
| — unrestricted | £4.1m |
| — endowment | £0 |
| Total assets | £9.0m |
| Cash | £7.9m |
People
| Employees | 59 |
Classification
The charity's own register classification
What it does
- General Charitable Purposes
- Education/training
- The Prevention Or Relief Of Poverty
Who it helps
- The General Public/mankind
How it works
- Provides Human Resources
- Provides Services
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.