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

E3 INITIATIVE

Registered charity 1092574 · accounts filings on the Charity Commission register · also known as ENGAGEHIV FOUNDATION, ITHEMBA, ITHEMBA AIDS FOUNDATION

Latest income
£432k
Latest spending
£394k
Registered
2002
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity held unrestricted free reserves of £175,069 at the year end, which is significantly above its stated policy target of £10,000. The charity reported a surplus for the year, increasing total funds to £176,403, and the trustees confirmed there are no material uncertainties regarding its ability to continue as a going concern.

What the accounts disclose

Reserves policy: £10,000 (held: £175k)
“The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (‘the free reserves’) held by the charity should not be less than £10,000.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustees/Key Management Personnel donations
“Two trustees (2023: Two), key management personnel and other related parties made donations to the charity totalling £1,150 (2023: 2,831) during the year.” — page 16
“One trustee claimed expenses or had their expenses met by the charity in the year £1,043 (2023: £Nil) relating to attending meetings.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee expense reimbursement
“Two trustees (2023: Two), key management personnel and other related parties made donations to the charity totalling £1,150 (2023: 2,831) during the year.” — page 16
“One trustee claimed expenses or had their expenses met by the charity in the year £1,043 (2023: £Nil) relating to attending meetings.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Eswatini · Lesotho · Malawi · South Africa · Zambia · Zimbabwe

Income and spending

Financial year endIncomeSpending
31/12/2025£432k£394k
31/12/2024£327k£287k
31/12/2023£350k£459k
31/12/2022£326k£228k
31/12/2021£364k£442k

Common questions

Is E3 INITIATIVE financially healthy?

The accounts state that the charity held unrestricted free reserves of £175,069 at the year end, which is significantly above its stated policy target of £10,000. The charity reported a surplus for the year, increasing total funds to £176,403, and the trustees confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.

Who funds E3 INITIATIVE?

Funders whose own accounts filings name E3 INITIATIVE as a grant recipient include THE EVANGELICAL CHRISTIAN LEADERSHIP IN SOUTHERN AFRICA TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
THE EVANGELICAL CHRISTIAN LEADERSHIP IN SOUTHERN AFRICA TRUSTFY2023£738
THE EVANGELICAL CHRISTIAN LEADERSHIP IN SOUTHERN AFRICA TRUSTFY2024£609
THE EVANGELICAL CHRISTIAN LEADERSHIP IN SOUTHERN AFRICA TRUSTFY2025£536

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
GOLDMAN SACHS GIVES (UK)1£1.3m
THE BRADLEY AND KATHERINE WICKENS FOUNDATION1£161k
ALDRIDGE FOUNDATION CIO1£131k
ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT1£25k
THE COSARAF CHARITABLE FOUNDATION1£6k
THE BIRMINGHAM MOSQUE TRUST LIMITED1£2k
COMMUNITY OF THE HOLY CROSS1£1k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD1£1k

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