GIRL EFFECT
Financial health, per its FY2025 accounts
The accounts state that the charity realized a deficit of £140,814 for the year ended 31 May 2025, primarily due to a net foreign exchange loss of £1.38 million, despite operational costs being fully covered by income. The trustees report that unrestricted reserves of £33.4 million are held, which is below the stated policy target of approximately £8.8 million (one year of unrestricted expenditure).
What the accounts disclose
“Girl Effect has a Reserves Policy in place and aims to maintain reserves equivalent to approximately one year of unrestricted expenditure, estimated at around £8.8m million across the UK and its overseas subsidiaries.” — page 13
“Board of trustees: Revenue of £3,920,221 was received from the Nike Foundation, an organization over which one of our trustees holds significant influence.” — page 52
“Girl Effect Tanzania: Revenue of £1,957,275 was transferred from the UK to Girl Effect Tanzania to cover the costs of our programmes and activities there.” — page 52
“Board of trustees: Revenue of £3,920,221 was received from the Nike Foundation, an organization over which one of our trustees holds significant influence.” — page 52
“Girl Effect Tanzania: Revenue of £1,957,275 was transferred from the UK to Girl Effect Tanzania to cover the costs of our programmes and activities there.” — page 52
“Board of trustees: Revenue of £3,920,221 was received from the Nike Foundation, an organization over which one of our trustees holds significant influence.” — page 52
“Girl Effect Tanzania: Revenue of £1,957,275 was transferred from the UK to Girl Effect Tanzania to cover the costs of our programmes and activities there.” — page 52
“Board of trustees: Revenue of £3,920,221 was received from the Nike Foundation, an organization over which one of our trustees holds significant influence.” — page 52
“Girl Effect Tanzania: Revenue of £1,957,275 was transferred from the UK to Girl Effect Tanzania to cover the costs of our programmes and activities there.” — page 52
Structured financials (annual return, FY ending 31/05/2025)
Trustees
- Jonathan Edward Newhousechair
- Jonathan Goodwin
- Jorge Casimiro
- erin elise hohlfelder
- ime archibong
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £16.2m | £14.9m |
| 31/05/2024 | £14.8m | £11.8m |
| 31/05/2023 | £11.4m | £8.3m |
| 31/05/2022 | £10.4m | £8.3m |
| 31/05/2021 | £7.5m | £12.8m |
Common questions
Is GIRL EFFECT financially healthy?
The accounts state that the charity realized a deficit of £140,814 for the year ended 31 May 2025, primarily due to a net foreign exchange loss of £1.38 million, despite operational costs being fully covered by income. The trustees report that unrestricted reserves of £33.4 million are held, which is below the stated policy target of approximately £8.8 million (one year of unrestricted expenditure). Its FY2025 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GOLDMAN SACHS GIVES (UK) | 1 | £1.3m |
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £624k |
| JACK PETCHEY FOUNDATION | 1 | £363k |
| FRIENDS OF WIZNITZ LIMITED | 1 | £335k |
| THE LOWER GREEN FOUNDATION | 1 | £238k |
| SF FOUNDATION | 1 | £209k |
| THE BRADLEY AND KATHERINE WICKENS FOUNDATION | 1 | £161k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £154k |