WORLD BUDDHIST FOUNDATION
The charity provides resources for developing a spiritual base to the Sri Lankan community. It also supports harmonious relationships with local communities. With a variety of cultural and educational programmes, it broadens understanding of the Sri Lankan culture by reaching out to all communities in the United Kingdom.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £62,423 for the year ended 31 December 2024, with total unrestricted reserves standing at £1,259,705. The trustees report that the charity remains indebted to those performing selfless service, but the financial statements show a strong net asset position of £2,385,772 with no disclosed material uncertainties regarding going concern.
What the accounts disclose
Property (HM Land Registry)
Trustees
- Rev Gnanissara Thero Rev Wilbagedarachair
- Dr SENEVI ATURUPANA
- LOKU BANDA CHANDRASEKAR MONERAWELA
- Rev Piyananda Godamunne
- Ven Akuratiye Nanda
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £119k | £57k |
| 31/12/2023 | £121k | £51k |
| 31/12/2022 | £117k | £51k |
| 31/12/2021 | £107k | £36k |
| 31/12/2020 | £88k | £26k |
Common questions
Is WORLD BUDDHIST FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a surplus of £62,423 for the year ended 31 December 2024, with total unrestricted reserves standing at £1,259,705. The trustees report that the charity remains indebted to those performing selfless service, but the financial statements show a strong net asset position of £2,385,772 with no disclosed material uncertainties regarding going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £21.1m |
| THE INTERNATIONAL BUDDHIST RELIEF ORGANISATION (I B R O) | 1 | £336k |
Charities like this
- BIRMINGHAM BUDDHIST CENTRE
- INTERNATIONAL BUDDHIST PROGRESS SOCIETY (UK)
- LAM RIM BUDDHIST CENTRE
- THE FOUNDATION OF ST. BENEDICT OF NURSIA
- THE MIDLANDS INTERNATIONAL BUDDHIST ASSOCIATION IN THE UK
- THE THAI-BRITISH BUDDHIST (WAT MAHATHAT TEMPLE) TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WORLD BUDDHIST FOUNDATION | £119k | — | 0 | unclear | — | no doubt |
| BIRMINGHAM BUDDHIST CENTRE | £427k | Under £60,000 | 0 | unclear | — | no doubt |
| INTERNATIONAL BUDDHIST PROGRESS SOCIETY (UK) | £660k | — | 0 | above | — | no doubt |
| LAM RIM BUDDHIST CENTRE | £127k | — | 0 | below | — | no doubt |
| THE FOUNDATION OF ST. BENEDICT OF NURSIA | £238k | — | — | unclear | — | no doubt |
| THE MIDLANDS INTERNATIONAL BUDDHIST ASSOCIATION IN THE UK | £441k | — | 0 | unclear | — | no doubt |