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

The AVOCADO Foundation

Registered charity 1157549 · accounts filings on the Charity Commission register · also known as M4Y, MONEY4YOU, MONEY4YOUTH

Latest income
£367k
Latest spending
£397k
Registered
2014
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that unrestricted reserves at the close of the reporting year were £16,111, which is below the trustees' stated policy target of holding three months of operating costs. The trustees attribute this shortfall to designating funds to cover the negative balance of the 4Entrepreneurs restricted fund, noting that unrestricted funds remain committed to raising income through course monetisation and data utilisation.

What the accounts disclose

Reserves policy: three months of operating costs (held: £16k)
“The Trustees aim to hold three months of operating costs as unrestricted reserves, in line with our sustainability strategy, to protect against financial risk and any drop in income.” — page 39
Per its FY2022 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — The AVOCADO Foundation (matched by registered charity number).

Trustees

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

Operates in: Cameroon · Ghana · Kenya · Liberia · Nigeria · Rwanda · Throughout England And Wales · Togo · Uganda · United States · Zambia

Income and spending

Financial year endIncomeSpending
31/12/2024£367k£397k
31/12/2023£406k£352k
31/12/2022£260k£225k
31/12/2021£204k£257k
18/12/2020£172k£123k

Common questions

Is The AVOCADO Foundation financially healthy?

The accounts state that unrestricted reserves at the close of the reporting year were £16,111, which is below the trustees' stated policy target of holding three months of operating costs. The trustees attribute this shortfall to designating funds to cover the negative balance of the 4Entrepreneurs restricted fund, noting that unrestricted funds remain committed to raising income through course monetisation and data utilisation. Its FY2022 accounts were independently examined.

Who funds The AVOCADO Foundation?

Funders whose own accounts filings name The AVOCADO Foundation as a grant recipient include THE J R S S T CHARITABLE TRUST.

Known funders

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

FunderYearAmount
THE J R S S T CHARITABLE TRUSTFY2023£10k

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
FONTHILL FOUNDATION1£18k
ROYAL COMMISSION FOR THE EXHIBITION OF 18511£15k
THE SIR BERNARD & LADY SCHREIER FOUNDATION1£4k
THE PENCHANT FOUNDATION1£250
THE CHRISTOPHER AND HENRY OLDFIELD TRUST1£0

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ROWLAND EDUCATIONAL FOUNDATION.