CHARITY OF SIR RICHARD WHITTINGTON
1. The administration of two thriving almshouse communities for the elderly, one in London and one in Surrey, providing homes for nearly 100 individuals 2.Grant making, primarily for the relief of need and to support the elderly.
Financial health, per its FY2025 accounts
The accounts state that net assets increased to £120,712,000, with unrestricted funds of £18,227,000 and free reserves of £14,071,000. The charity reports no fundraising costs as it does not conduct fundraising activity, and the auditor confirmed there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The primary reasons for holding the reserves for the Charity is to ensure: • that the conditional committed grants are fulfilled; • prudent management of the housing services provided to beneficiaries in the event of a fall in housing income or other adverse event; and • that the funds for grant making for next year are available to ensure the ability to plan for further grants to beneficiaries.” — page 17
Leadership, per the charity’s website
- The Clerk — Chief Executive Officer
Structured financials (annual return, FY ending 31/03/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.4m | £5.3m |
| 31/03/2024 | £4.7m | £5.7m |
| 31/03/2023 | £4.2m | £7.0m |
| 31/03/2022 | £3.5m | £7.1m |
| 31/03/2021 | £3.9m | £5.4m |
Common questions
Is CHARITY OF SIR RICHARD WHITTINGTON financially healthy?
Per its FY2025 accounts: The accounts state that net assets increased to £120,712,000, with unrestricted funds of £18,227,000 and free reserves of £14,071,000. The charity reports no fundraising costs as it does not conduct fundraising activity, and the auditor confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ESTATE CHARITY OF WILLIAM HATCLIFFE | 1 | £1.1m |
| THE SUNNY SKIES FOUNDATION | 1 | £10k |
| CHAPMAN CHARITABLE TRUST | 1 | £2k |
Charities like this
- THE CITY OF LONDON ALMSHOUSES
- THE WHITGIFT FOUNDATION
- SLOSWICKE'S ALMSHOUSE CHARITY
- RICHMOND CHARITIES
- THE VICTORIA ALMSHOUSES
- GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHARITY OF SIR RICHARD WHITTINGTON | £4.4m | — | 0 | unclear | — | no doubt |
| THE CITY OF LONDON ALMSHOUSES | £480k | — | 0 | above | — | no doubt |
| THE WHITGIFT FOUNDATION | £77.1m | — | — | unclear | — | no doubt |
| SLOSWICKE'S ALMSHOUSE CHARITY | £243k | — | — | unclear | — | no doubt |
| RICHMOND CHARITIES | £4.9m | £60,001 - £70,000 | 4 | unclear | — | no doubt |
| THE VICTORIA ALMSHOUSES | £225k | — | 0 | unclear | — | no doubt |