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

THE MAINSTAY FOUNDATION

Registered charity 1166017 · accounts filings on the Charity Commission register

Latest income
£5.7m
Latest spending
£5.1m
Registered
2016
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the Charity reported a surplus of £816,495 for the year ended 31 March 2023, with total income of £4,242,536 and total expenditure of £3,426,041. The Trustees confirm that unrestricted reserves of £1,383,736 are sufficient to meet their stated policy target of £600,000, and the independent auditors found no material uncertainties regarding the Charity's ability to continue as a going concern.

What the accounts disclose

Accounts audited by MHA.

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

Structured financials (annual return, FY ending 31/03/2025)

Total income
£5.7m
Total spending
£5.1m
Cost of raising funds
£5k
Reserves (reported)
£1.8m
Employees
13

Reported reserves equal ~4.1 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Austria · Denmark · Germany · India · Iraq · Italy · Kenya · Madagascar · Malawi · Netherlands · Rwanda · Scotland

Income and spending

Financial year endIncomeSpending
31/03/2025£5.7m£5.1m
31/03/2024£5.4m£5.6m
31/03/2023£4.2m£3.4m
31/03/2022£2.6m£2.4m
31/03/2021£2.8m£3.2m

Common questions

Is THE MAINSTAY FOUNDATION financially healthy?

The accounts state that the Charity reported a surplus of £816,495 for the year ended 31 March 2023, with total income of £4,242,536 and total expenditure of £3,426,041. The Trustees confirm that unrestricted reserves of £1,383,736 are sufficient to meet their stated policy target of £600,000, and the independent auditors found no material uncertainties regarding the Charity's ability to continue as a going concern. Its FY2023 accounts were audited by MHA.

Who funds THE MAINSTAY FOUNDATION?

Funders whose own accounts filings name THE MAINSTAY FOUNDATION as a grant recipient include THE WORLD FEDERATION OF KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITIES.

Known funders

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

FunderYearAmount
THE WORLD FEDERATION OF KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITIESFY2021£80k
THE WORLD FEDERATION OF KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITIESFY2021£29k

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
ZOUQ FOUNDATION1—
SABEEL FOUNDATION1£424k
EPSOM AND EWELL ISLAMIC SOCIETY1£52k
THE DAKRI CHARITABLE TRUST1£4k
Indigent Welfare and Education Trust1£2k
THE IMAM HUSSEIN FOUNDATION1£2k
THE CMA WELFARE TRUST1£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with AL-KHAIR FOUNDATION.