What is the financial size of AGE UK?

AGE UK is classified as a major charity. In the latest financial year, they reported a total income of £121,698,000 and total expenditure of £128,074,000.

How does AGE UK allocate its spending?

For every pound spent, approximately 50.9% goes directly to charitable activities. The remaining 49.1% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.2%).

What is the workforce structure of AGE UK?

AGE UK employs 1,304 staff members and is supported by 9,708 volunteers.

Does AGE UK receive government funding?

To a small extent. Approximately 0.1% of their income comes from government grants or contracts.

Does AGE UK pay its trustees?

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

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AGE UK

#1128267

Charitable company•Major•Registered

www.ageuk.org.uk

Age uk aims to create a world where older people can live their lives free from poverty, isolation and neglect. It raises awareness of issues affecting older people in the uk and overseas, researches and campaigns for changes in policy and practice, and offers practical support to disadvantaged older people. It is funded by individuals, companies and trusts.

Registered address

Age UK, 7th Floor, One America Square, 17 Crosswall, LONDON, EC3N 2LB

Latest HighlightsFY 2024

Income

All sources

£121,698,000

Expenditure

All activities

£128,074,000

Net Reserves

Unrestricted funds

£34,726,000

Total Assets

Gross assets

£84,683,000

Working Capital

Liquidity

£-16,225,000

Benchmark Performance

Comparing against 1,903 similar major charities

Compare vs:

Reserve Runway

3.3 months

Median: 3.6 monthsAround typical

Income Growth (1yr)

-1.2%

Median: 8.2%Below typical

Spending Efficiency

50.9%

Median: 97.2%Below typical

Income Concentration

47.7%

Median: 87.1%Top quartile

Fundraising ROI

5.4x

Median: 27.3xBelow typical

Income Volatility

1.0%

Median: 13.4%Top quartile

Self-Generated Income

44.0%

Median: 92.1%Below typical

3-Year Income CAGR

-1.4%

Median: 8.7%Below typical

Efficiency & Health

Charitable Spending

50.9%

Fundraising Eff.

% income retained

5.4%

Governance Cost

% of expenditure

0.9%

Grant Making

% given away

35.4%

Debt Ratio

% of assets

32.5%

Survival Ratio

Months of reserves

3.3 months

Income Profile

Donations & Legacies

% of income

56.0%

Government Reliance

% of income

0.1%

Largest Source

Primary income

Donations & Legacies

Diversification

HHI: 4768

Moderately Concentrated

Trends

Income Growth (1yr)

Year over Year

-1.2%↓

Income CAGR (3yr)

Compound growth

-1.4%

Volatility

Stable

1.0%

Reserves Trend

Direction

Stable

Governance

Employees

Staff count

1,304

Volunteers

Volunteer count

9,708

Volunteer Ratio

Per staff member

7.4:1

Revenue/Employee

Per head

£93,327

Trustee Benefits

Payments to trustees

High Earners

Earning over £60k

5.7%

Source: Charity Commission annual returns. Figures may differ from published accounts. Always verify with official charity filings for due diligence.

Charts

Income vs Expenditure

Income Sources

Assets vs Liabilities

5 Year Trend

Workforce Scale

Employees & Volunteers

Frequently Asked Questions

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