HISPANIC WELFARE ASSOCIATION
To provide advice and support to Latin Americans coming to or living in London
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net surplus of £8,330 for the year ended 31 March 2025, with total incoming resources of £170,399. Unrestricted reserves stood at £28,706, which the trustees confirmed meets their stated policy target of 3 to 6 months of expenditure. The trustees reported adequate resources to continue operations for the foreseeable future.
What the accounts disclose
“It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets should be between 3 and 6 months of expenditure.” — page 6
Trustees
- SIMON PETER DARBYchair
- Grace Acosta
- Paula Vargas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £170k | £169k |
| 31/03/2024 | £145k | £136k |
| 31/03/2023 | £130k | £140k |
| 31/03/2022 | £156k | £157k |
| 31/03/2021 | £139k | £150k |
Common questions
Is HISPANIC WELFARE ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net surplus of £8,330 for the year ended 31 March 2025, with total incoming resources of £170,399. Unrestricted reserves stood at £28,706, which the trustees confirmed meets their stated policy target of 3 to 6 months of expenditure. The trustees reported adequate resources to continue operations for the foreseeable future. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TRUST FOR LONDON | 1 | £92k |
| EAST END COMMUNITY FOUNDATION | 1 | £36k |
| GOD MY SILENT PARTNER FOUNDATION | 1 | £35k |
| The Leathersellers' Foundation | 1 | £20k |
| LONDON CATALYST | 1 | £10k |
| WAKEFIELD AND TETLEY TRUST | 1 | £6k |
Charities like this
- LHA LONDON LTD
- THE LONDON AND MIDDLESEX RIFLE ASSOCIATION
- WAPPING BANGLADESH ASSOCIATION
- HAVERING ASIAN SOCIAL AND WELFARE ASSOCIATION
- CHARITIES ICW THE SPANISH AND PORTUGUESE JEWS SYNAGOGUE
- LATIN AMERICAN WOMEN'S AID REFUGE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HISPANIC WELFARE ASSOCIATION | £170k | — | 0 | unclear | — | no doubt |
| LHA LONDON LTD | £19.8m | — | — | unclear | — | no doubt |
| THE LONDON AND MIDDLESEX RIFLE ASSOCIATION | £220k | — | 0 | unclear | — | no doubt |
| WAPPING BANGLADESH ASSOCIATION | £147k | — | 0 | above | — | no doubt |
| HAVERING ASIAN SOCIAL AND WELFARE ASSOCIATION | £202k | — | 0 | unclear | — | no doubt |
| CHARITIES ICW THE SPANISH AND PORTUGUESE JEWS SYNAGOGUE | £2.7m | £80,001 - £90,000 | — | above | — | no doubt |