THE PROGRESS FOUNDATION

Registered charity 1123219 · accounts filings on the Charity Commission register

We help charities reconnecting young people to society, through education, job-finding help or other activities, primarily in London. Our maximum grant is 25,000 per annum, for up to 3 years. We do not replace statutory funding or make grants to organisations promoting a particular religious belief unless the work is not for religious purposes and clearly fits our funding guidelines.

Causes: General Charitable Purposes · website · Get email alerts

Latest income
£44k
Latest spending
£387k
Registered
2008
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves decreased from £2,052,644 to £1,704,419 due to grant expenditure exceeding investment income. The trustees report that sufficient resources remain to maintain their annual grant-making rate of approximately £150,000 to £200,000. The charity holds assets in cash and investments intended to cover at least eighteen months of outgoings.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/03/2025£44k£387k
31/03/2024£133k£303k
31/03/2023£71k£231k
31/03/2022£76k£237k
31/03/2021£132k£279k

Common questions

Is THE PROGRESS FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves decreased from £2,052,644 to £1,704,419 due to grant expenditure exceeding investment income. The trustees report that sufficient resources remain to maintain their annual grant-making rate of approximately £150,000 to £200,000. The charity holds assets in cash and investments intended to cover at least eighteen months of outgoings. Its FY2025 accounts were independently examined.