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VIRUNGA FOUNDATION

Registered charity 1111806 · accounts filings on the Charity Commission register · also known as AFRICA CONSERVATION FUND (UK)

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Latest income
£43.1m
Latest spending
£40.6m
Registered
2005
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of USD 3.1 million for the year ended 31 December 2024, with total consolidated funds of USD 104.0 million. The charity holds USD 50.9 million in unrestricted funds, though the trustees note that establishing sufficient free reserves remains a significant challenge due to the majority of funding being restricted. The going concern basis is supported by adequate forecast income and access to bridge funding facilities.

What the accounts disclose

Reserves policy: half a year of operational costs (held: £50.9m)
“sufficient to cover the value of at least half a year of operational costs” — page 26
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — Virunga National Park (matched by registered charity number).

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

Total income
£43.1m
Total spending
£40.6m
Cost of raising funds
£14.4m
Reserves (reported)
£40.2m
Employees
1,009

Reported reserves equal ~11.9 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Congo (Democratic Republic)

Income and spending

Financial year endIncomeSpending
31/12/2024£43.1m£40.6m
31/12/2023£49.9m£29.5m
31/12/2022£30.9m£31.3m
31/12/2021£25.5m£22.0m
31/12/2020£25.9m£17.0m

Common questions

Is VIRUNGA FOUNDATION financially healthy?

The accounts state that the charity reported a net surplus of USD 3.1 million for the year ended 31 December 2024, with total consolidated funds of USD 104.0 million. The charity holds USD 50.9 million in unrestricted funds, though the trustees note that establishing sufficient free reserves remains a significant challenge due to the majority of funding being restricted. The going concern basis is supported by adequate forecast income and access to bridge funding facilities. Its FY2024 accounts were audited by Crowe U.K. LLP.