THE ETHNIC INCLUSION FOUNDATION
The objects of the charity are to promote such objects as are now or may hereafter be deemed by law to be charitable and in particular the advancement of education, the furtherance of health and the relief of poverty, distress and sickness.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £4,199,389 for the year ended 31 December 2024, following a substantial £4 million write-down of its property valuation reserve. Total unrestricted funds decreased to £12,929,054 from £17,131,816 in the prior year, while the charity maintains a reserves policy target of £150,000 free cash reserves, which it notes it goes below due to cash flow deficits at its subsidiary Peepul Enterprises Ltd.
What the accounts disclose
“The Reserves policy of EIF is to maintain £150,000 free cash reserves” — page 13
“The EIF employs Anil Bhanot, a Trustee, as Managing Director (MD), to run the social enterprise activities of EIF.” — page 12
What the charity says about itself (2021)
“A study that sought to identify the incidence of severe mental illness by pooling results from several studies in a systematic manner found elevated risk of non-affective psychoses compared to the reference population in England (risk ratio of 2.27, 95% confidence interval of between 1.63 – 3.16)”
“This finding in South Asians is consistent with wider literature, including pooled analysis (meta-analysis of 78 studies) across all ethnic groups and countries that found that culturally adapted psychological interventions were more effective than unadopted versions of the same interventions”
“A pooled study (meta-analysis of 16 studies) that considered depression found that treatment changes related to language, context and therapist delivering the session had significant patient benefits”
Leadership, per the charity’s website
- Anil Bhanot OBE — Chairman
Funders the charity credits
- Barclays
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ANIL KUMAR BHANOT
- Dr Santosh Bhanot
- Nishant Emmanuel Gapiryalpillai
- Rakesh Kumar
- Surinder Syan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.5m | £2.7m |
| 31/12/2023 | £2.3m | £2.5m |
| 31/12/2022 | £2.5m | £2.4m |
| 31/12/2021 | £2.2m | £2.3m |
| 31/12/2020 | £2.2m | £2.0m |
Common questions
Is THE ETHNIC INCLUSION FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £4,199,389 for the year ended 31 December 2024, following a substantial £4 million write-down of its property valuation reserve. Total unrestricted funds decreased to £12,929,054 from £17,131,816 in the prior year, while the charity maintains a reserves policy target of £150,000 free cash reserves, which it notes it goes below due to cash flow deficits at its subsidiary Peepul Enterprises Ltd. Its FY2024 accounts were audited by Andrew Murray & Co.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £23.2m |
| SABEEL FOUNDATION | 1 | £424k |
| THE ASTRA FOUNDATION | 1 | £290k |
| ZOUQ FOUNDATION | 1 | £269k |
| HOLLYHOCK CHARITABLE FOUNDATION | 1 | £257k |
| TZEDOKOH VECHESED LIMITED | 1 | £93k |
| BAIG WELFARE FOUNDATION | 1 | £77k |
| WISEHEIGHTS LIMITED | 1 | £72k |
Charities like this
- INCLUSION FOUNDATION
- GOOD FAITH FOUNDATION
- THE ETHICAL PROPERTY FOUNDATION
- THE SAIFEE FOUNDATION OF EUROPE
- EPIC FOUNDATION UK LIMITED
- EARTH CHARITABLE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ETHNIC INCLUSION FOUNDATION | £2.5m | — | — | unclear | — | no doubt |
| INCLUSION FOUNDATION | £505k | — | 0 | unclear | — | no doubt |
| GOOD FAITH FOUNDATION | £784k | — | 0 | above | — | no doubt |
| THE ETHICAL PROPERTY FOUNDATION | £251k | £60,000 - £70,000 | 1 | unclear | — | no doubt |
| THE SAIFEE FOUNDATION OF EUROPE | £21.1m | — | 0 | above | — | no doubt |
| EPIC FOUNDATION UK LIMITED | £2.3m | — | 0 | unclear | — | no doubt |