Charity Accounts Intelreading the accounts so you don’t have to

THE WELFARE ASSOCIATION

Registered charity 1020238 · accounts filings on the Charity Commission register

Latest income
£2.2m
Latest spending
£2.0m
Registered
1993
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds decreased from £548,555 to £525,025, resulting in a net expenditure for the year. The trustees consider that adequate resources continue to be available to fund activities for the foreseeable future, with no material uncertainties identified regarding going concern.

What the accounts disclose

Highest-paid employee band: £90,001 - £100,000 — above the median for charities its size (£76k)
“One employee earns between £90,001 - £100,000 (2023: one £80,001 - £90,000).” — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee earns between £90,001 - £100,000 (2023: one £80,001 - £90,000).” — page 27
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Azets Audit Services.

Public fundraising profile: JustGiving — Taawon UK (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£2.2m
Total spending
£2.0m
Cost of raising funds
£49k
Reserves (reported)
£325k
Employees
2

Reported reserves equal ~1.9 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Israel · Lebanon · Occupied Palestinian Territories

Income and spending

Financial year endIncomeSpending
31/12/2024£2.2m£2.0m
31/12/2023£2.2m£2.2m
31/12/2022£1.1m£1.1m
31/12/2021£2.6m£2.5m
31/12/2020£2.3m£2.3m

Common questions

Is THE WELFARE ASSOCIATION financially healthy?

The accounts state that unrestricted funds decreased from £548,555 to £525,025, resulting in a net expenditure for the year. The trustees consider that adequate resources continue to be available to fund activities for the foreseeable future, with no material uncertainties identified regarding going concern. Its FY2024 accounts were audited by Azets Audit Services.

What does the highest-paid employee of THE WELFARE ASSOCIATION earn?

Per its FY2024 accounts, the highest-paid employee was in the £90,001 - £100,000 band, and 1 employees earned over £60,000.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
FROM BABIES WITH LOVE FOUNDATION1—
THE APAX FOUNDATION1£443k
THE MARK ANTHONY TRUST1£175k
THE ALLEN OVERY SHEARMAN STERLING FOUNDATION1£146k
ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT1£60k
BOOK AID INTERNATIONAL1£44k
THE BATCHWORTH TRUST1£38k
THE COLES-MEDLOCK FOUNDATION1£33k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with AZAD WELFARE TRUST (UK).