What is the financial size of ARMED FORCES COVENANT FUND?

ARMED FORCES COVENANT FUND is classified as a major charity. In the latest financial year, they reported a total income of £30,874,242 and total expenditure of £30,029,388.

How does ARMED FORCES COVENANT FUND allocate its spending?

For every pound spent, approximately 100.0% goes directly to charitable activities. The remaining 0.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.2%).

What is the workforce structure of ARMED FORCES COVENANT FUND?

ARMED FORCES COVENANT FUND employs 26 staff members and is supported by 0 volunteers.

Does ARMED FORCES COVENANT FUND receive government funding?

Yes. Approximately 97.7% of their income comes from government grants or contracts.

Does ARMED FORCES COVENANT FUND pay its trustees?

Yes, the latest data indicates that one or more trustees receive payments or personal benefits from the charity.

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ARMED FORCES COVENANT FUND

#1177627

Trust•Major•Registered

https://www.covenantfund.org.uk

The armed forces covenant fund trust makes grants to support the armed forces community. The covenant fund is delivered by the armed forces covenant fund trust. It has £10m a year to fund projects that support the armed forces community.

Registered address

3rd Floor, 3 Wellington Place, LEEDS, LS1 4AP

Latest HighlightsFY 2025

Income

All sources

£30,874,242

Expenditure

All activities

£30,029,388

Net Reserves

Unrestricted funds

£664,027

Total Assets

Gross assets

£43,951,537

Working Capital

Liquidity

£3,597,353

Benchmark Performance

Comparing against 1,903 similar major charities

Compare vs:

Reserve Runway

0.3 months

Median: 3.6 monthsBelow typical

Income Growth (1yr)

-13.6%

Median: 8.2%Below typical

Spending Efficiency

100.0%

Median: 97.2%Top quartile

Income Concentration

191.9%

Median: 87.1%Below typical

Fundraising ROI

N/A

Median: 27.3xUnknown

Income Volatility

76.2%

Median: 13.4%Below typical

Self-Generated Income

100.0%

Median: 92.1%Top quartile

3-Year Income CAGR

3.1%

Median: 8.7%Below typical

Efficiency & Health

Charitable Spending

100%

Fundraising Eff.

% income retained

N/A

Governance Cost

% of expenditure

0.1%

Grant Making

% given away

94.5%

Debt Ratio

% of assets

91.4%

Survival Ratio

Months of reserves

0.3 months

Income Profile

Donations & Legacies

% of income

Government Reliance

% of income

97.7%

Largest Source

Primary income

Charitable Activities

Diversification

HHI: 19194

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

-13.6%↓

Income CAGR (3yr)

Compound growth

3.1%

Volatility

High Volatility

76.2%

Reserves Trend

Direction

Building

Governance

Employees

Staff count

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

0:1

Revenue/Employee

Per head

£1,187,471

Trustee Benefits

Payments to trustees

Yes

High Earners

Earning over £60k

19.2%

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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