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WELLCOME TRUST

#210183
OtherMajorRegistered
www.wellcome.org

Wellcome exists to improve health by helping great ideas to thrive.We support researchers, we take on big health challenges, we campaign for better science, and we help everyone get involved with science and health research. We are a politically and financially independent foundation.

Latest HighlightsFY 2024

Income

All sources

£569,497,051
Expenditure

All activities

£1,626,627,348
Net Reserves

Unrestricted funds

£33,932,400,000
Total Assets

Gross assets

£40,545,781,201
Working Capital

Liquidity

£-1,129,209,748

Benchmark Performance

Comparing against 1,903 similar major charities

Compare vs:
Reserve Runway
250.3 months
Median: 3.6 monthsTop quartile
Income Growth (1yr)
5.1%
Median: 8.2%Around typical
Spending Efficiency
89.4%
Median: 97.2%Around typical
Income Concentration
71.8%
Median: 87.1%Around typical
Fundraising ROI
5.9x
Median: 27.3xBelow typical
Income Volatility
13.9%
Median: 13.4%Around typical
Self-Generated Income
88.7%
Median: 92.1%Around typical
3-Year Income CAGR
11.6%
Median: 8.7%Around typical

Efficiency & Health

Charitable Spending
89.4%
Fundraising Eff.

% income retained

5.9%
Governance Cost

% of expenditure

0.4%
Grant Making

% given away

71.8%
Debt Ratio

% of assets

16.3%
Survival Ratio

Months of reserves

250.3 months

Income Profile

Donations & Legacies

% of income

0%
Government Reliance

% of income

0.3%
Largest Source

Primary income

Investments
Diversification

HHI: 7179

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

5.1%
Income CAGR (3yr)

Compound growth

11.6%
Volatility

Stable

13.9%
Reserves Trend

Direction

Stable

Governance

Employees

Staff count

2,377
Volunteers

Volunteer count

0
Volunteer Ratio

Per staff member

0:1
Revenue/Employee

Per head

£239,586
Trustee Benefits

Payments to trustees

Yes
High Earners

Earning over £60k

35.7%

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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