Activities

As described by the charity on the register

We are a charitable organisation that exists to reduce poverty and inequality in London. We do this by funding the voluntary and community sector and others, as well as by using our own expertise and knowledge to support work that tackles poverty and its root causes.

Latest income

£10.0m

Expenditure

£19.9m

Financial year end

2024-12-31

Income & spending history

As reported to the Charity Commission, by financial year end

Year end Income Expenditure income spend
2020-12-31 £10.3m £25.4m
2021-12-31 £9.4m £40.4m
2022-12-31 £13.4m £30.1m
2023-12-31 £11.4m £23.0m
2024-12-31 £10.0m £19.9m

Latest detailed return

Year end 2024-12-31 · consolidated (group) figures

Income mix

Donations & legacies £601k
Charitable activities £1.6m
Trading £0
Investment income £7.7m
Total income £10.0m

Spending

Charitable spend £18.2m
Raising funds £1.7m
Grants to institutions £14.6m
Governance £169k
Total expenditure £19.9m

Balance sheet

Reserves £0
Total funds £300m
— restricted £8.8m
— unrestricted £0
— endowment £291m
Total assets £300m
Cash £10.1m

People

Employees 27

Classification

The charity's own register classification

What it does

  • The Prevention Or Relief Of Poverty
  • Economic/community Development/employment
  • Human Rights/religious Or Racial Harmony/equality Or Diversity

Who it helps

  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/mankind

How it works

  • Makes Grants To Organisations
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research

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.