What is the financial size of READ FOUNDATION?

READ FOUNDATION is classified as a major charity. In the latest financial year, they reported a total income of £12,082,828 and total expenditure of £10,105,776.

How does READ FOUNDATION allocate its spending?

For every pound spent, approximately 80.5% goes directly to charitable activities. The remaining 19.5% 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 READ FOUNDATION?

READ FOUNDATION employs 59 staff members and is supported by 20 volunteers.

Does READ FOUNDATION receive government funding?

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Does READ FOUNDATION pay its trustees?

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

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READ FOUNDATION

#1160256

Charitable company•Major•Registered

www.readfoundation.org.uk

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.

Registered address

Read Foundation, Victoria Court, 376 Wilmslow Road, MANCHESTER, M14 6AX

Latest HighlightsFY 2025

Income

All sources

£12,082,828

Expenditure

All activities

£10,105,776

Net Reserves

Unrestricted funds

£750,000

Total Assets

Gross assets

£9,732,489

Working Capital

Liquidity

£7,252,235

Benchmark Performance

Comparing against 1,903 similar major charities

Compare vs:

Reserve Runway

0.9 months

Median: 3.6 monthsBelow typical

Income Growth (1yr)

0.2%

Median: 8.2%Below typical

Spending Efficiency

80.5%

Median: 97.2%Below typical

Income Concentration

99.2%

Median: 87.1%Below typical

Fundraising ROI

6.1x

Median: 27.3xBelow typical

Income Volatility

19.2%

Median: 13.4%Around typical

Self-Generated Income

0.4%

Median: 92.1%Below typical

3-Year Income CAGR

18.2%

Median: 8.7%Top quartile

Efficiency & Health

Charitable Spending

80.5%

Fundraising Eff.

% income retained

6.1%

Governance Cost

% of expenditure

0.1%

Grant Making

% given away

74.8%

Debt Ratio

% of assets

7.0%

Survival Ratio

Months of reserves

0.9 months

Income Profile

Donations & Legacies

% of income

99.6%

Government Reliance

% of income

Largest Source

Primary income

Donations & Legacies

Diversification

HHI: 9920

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

0.2%↑

Income CAGR (3yr)

Compound growth

18.2%

Volatility

Moderate Volatility

19.2%

Reserves Trend

Direction

Building

Governance

Employees

Staff count

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

0.3:1

Revenue/Employee

Per head

£204,794

Trustee Benefits

Payments to trustees

High Earners

Earning over £60k

3.4%

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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