THE SPARKLE FOUNDATION
We improve the lives of vulnerable children and build brighter sustainable futures.We have a holistic approach to development, which incorporates education, medical care, nutrition and sustainability, creating lasting and measurable changes for our communities.We have 400 orphans and vulnerable children in our care across two sites, an outreach of 15,000 community members and 35 employees.
Financial health, per its FY2024 accounts
The accounts state that the charity generated £852,109 in income and incurred £707,875 in expenditure, resulting in a net increase in funds of £144,234 for the year. Reserves stood at £667,595 at the year end, which the trustees consider adequate to cover six months of running costs and support future expansion plans.
What the accounts disclose
“Donations from Events 57.9%”
“the charity aims to keep at least six months running costs in reserve at any point in time.” — page 43
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Neville Priorchair
- Asabe Makele
- Gareth Dray
- Martin Waud
- Michael Burton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £852k | £708k |
| 31/12/2023 | £740k | £584k |
| 31/12/2022 | £471k | £416k |
| 31/12/2021 | £388k | £338k |
| 31/12/2020 | £288k | £237k |
Common questions
Is THE SPARKLE FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated £852,109 in income and incurred £707,875 in expenditure, resulting in a net increase in funds of £144,234 for the year. Reserves stood at £667,595 at the year end, which the trustees consider adequate to cover six months of running costs and support future expansion plans. Its FY2024 accounts were independently examined.
Who funds THE SPARKLE FOUNDATION?
Funders whose own accounts filings name THE SPARKLE FOUNDATION as a grant recipient include THE PAYBACK TIME TRUST, GULF FOR GOOD, DUCHY HEALTH CHARITY LIMITED, MEETINGS INDUSTRY MEETING NEEDS, THE PETER STEBBINGS MEMORIAL CHARITY.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE PAYBACK TIME TRUST | FY2025 | £111k | |
| GULF FOR GOOD | FY2023 | £37k | |
| GULF FOR GOOD | FY2024 | £35k | |
| DUCHY HEALTH CHARITY LIMITED | FY2026 | £20k | |
| THE PAYBACK TIME TRUST | FY2022 | £15k | |
| MEETINGS INDUSTRY MEETING NEEDS | FY2022 | £5k | |
| MEETINGS INDUSTRY MEETING NEEDS | FY2023 | £5k | |
| THE PETER STEBBINGS MEMORIAL CHARITY | FY2023 | £5k | |
| DUCHY HEALTH CHARITY LIMITED | FY2025 | £2k | |
| GILCHRIST EDUCATIONAL TRUST | FY2023 | £1k | |
| ESHARELIFE FOUNDATION | FY2025 | £1k | |
| THE PETER STEBBINGS MEMORIAL CHARITY | FY2024 | £0 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE A B CHARITABLE TRUST | 2 | £84k |
| THE CITY OF LONDON OCTOBER CLUB | 1 | £810k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £446k |
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £445k |
| KHOO TECK PUAT UK FOUNDATION | 1 | £400k |
| BERNARD LEWIS FAMILY CHARITABLE TRUST | 1 | £343k |
| THE DAWES TRUST | 1 | £228k |
| HOLLYHOCK CHARITABLE FOUNDATION | 1 | £202k |
Charities like this
- THE SPARKLE FOUNDATION UK
- SPARKLE (SOUTH WALES)
- BLUESPARK FOUNDATION
- SPARK INSIDE
- Spark2Life
- SPARK COMMUNITY SPACE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SPARKLE FOUNDATION | £852k | — | 0 | unclear | — | no doubt |
| THE SPARKLE FOUNDATION UK | £131k | — | 0 | unclear | — | no doubt |
| SPARKLE (SOUTH WALES) | £917k | — | 0 | unclear | — | no doubt |
| BLUESPARK FOUNDATION | £121k | — | 0 | unclear | — | no doubt |
| SPARK INSIDE | £1.5m | £80,001 - £90,000 | — | within | — | no doubt |
| Spark2Life | £1.5m | — | — | unclear | — | no doubt |