ELY FOODBANK

Registered charity 1150746 · accounts filings on the Charity Commission register · listed website unreachable when last crawled

Latest income
£480k
Latest spending
£485k
Registered
2013
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported total income of £408,792 and total expenditure of £383,676 for the year ended 31 December 2023, resulting in a net surplus. Per the trustees' report, the charity holds healthy financial reserves of £316,548, which are well above the stated policy target of £191,838, allowing for continued operations and strategic spending.

What the accounts disclose

Highest-paid employee band: Under £60,000 — above the median for charities its size (£60k)
No employee received employee benefits of more than £60,000 during the year (2022: Nil). — page 15
Per its FY2023 accounts as filed with the Charity Commission.
Reserves policy: six months of normal expenditure (held: £317k)
The charity aims to hold free reserves sufficient to cover 6 months of normal expenditure, which is currently estimated to equate to £191,838. — page 6
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — Ely Foodbank (matched by registered charity number).

Trustees

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

Operates in: Cambridgeshire

Income and spending

Financial year endIncomeSpending
31/12/2024£480k£485k
31/12/2023£409k£384k
31/12/2022£221k£151k
31/12/2021£168k£136k
31/12/2020£196k£71k

Common questions

Is ELY FOODBANK financially healthy?

The accounts state that the charity reported total income of £408,792 and total expenditure of £383,676 for the year ended 31 December 2023, resulting in a net surplus. Per the trustees' report, the charity holds healthy financial reserves of £316,548, which are well above the stated policy target of £191,838, allowing for continued operations and strategic spending. Its FY2023 accounts were independently examined.

What does the highest-paid employee of ELY FOODBANK earn?

Per its FY2023 accounts, the highest-paid employee was in the Under £60,000 band.

Who funds ELY FOODBANK?

Funders whose own accounts filings name ELY FOODBANK as a grant recipient include MILLS AND REEVE CHARITABLE TRUST, NEEDHAM TRINITY FOUNDATION.

Known funders

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

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
THE HEADLEY TRUST1£45k
NFL FOUNDATION UK1£12k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with EARLSFIELD FOODBANK.