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ISSA FOUNDATION

Registered charity 1166025 · accounts filings on the Charity Commission register

The principal objects of the charity are the advancement of education health and employment of people in need, in particular disadvantaged communities, by supporting projects that address these issues. The charity may also promote other identified projects from time to time as determined by the trustees.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Latest income
£9.9m
Latest spending
£4.0m
Registered
2016
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves increased significantly to £26,750,761, driven by high incoming resources of £9,911,028 largely from trustee donations. The trustees report that the level of funds is reviewed to ensure it covers current and proposed grant commitments, and the auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations and legacies (87% of income)
“Donations received during the year amounted to £8,569,765 (2023: £7,512,050).” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: sufficient to cover current and proposed grant commitments and ongoing administration costs (held: £26.8m)
“The level of funds is reviewed before grant commitments are made to ensure that the balance of these funds is always sufficient to cover current and proposed grant commitments and ongoing administration costs.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: 18
“During the year the charity was recharged costs relating to capital expenditure of £3,816,085 (2023: £3,866,908) by Monte Developments Limited, a company in which Mr M Issa and Mr Z Issa are directors and ultimate owners.” — page 34
“The total of the charitable donations made by the Trustees to the DAF was £7,850,420, with a further £6,540 from a close family member of the Trustees.” — page 34
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: 18
“During the year the charity was recharged costs relating to capital expenditure of £3,816,085 (2023: £3,866,908) by Monte Developments Limited, a company in which Mr M Issa and Mr Z Issa are directors and ultimate owners.” — page 34
“The total of the charitable donations made by the Trustees to the DAF was £7,850,420, with a further £6,540 from a close family member of the Trustees.” — page 34
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by MHA. Discloses 4 of 6 completeness components.

Property (HM Land Registry)

17 registered titles in England and Wales held by the charity’s company or corporate body (17 freehold); recorded price paid £7.4m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£9.9m
Total spending
£4.0m
Reserves (reported)
£26.8m
Employees
30

Reported reserves equal ~80.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (87% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Albania · Bangladesh · Burma · India · Indonesia · Kenya · Malawi · Morocco · Scotland · South Africa · Sri Lanka · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£9.9m£4.0m
31/12/2023£7.7m£4.2m
31/12/2022£4.0m£7.9m
31/12/2021£11k£6.7m
31/12/2020£895k£7.4m

Common questions

Is ISSA FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves increased significantly to £26,750,761, driven by high incoming resources of £9,911,028 largely from trustee donations. The trustees report that the level of funds is reviewed to ensure it covers current and proposed grant commitments, and the auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by MHA.

Who funds ISSA FOUNDATION?

Funders whose own accounts filings name ISSA FOUNDATION as a grant recipient include UBS UK Donor-Advised Foundation.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
UBS UK Donor-Advised FoundationFY2021£5k

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 SIR JAMES ROLL CHARITABLE TRUST1£3k

Charities like this

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

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
ISSA FOUNDATION£9.9m—0above—no doubt
THE ISBOURNE FOUNDATION FY2025£161k—0below—noted
PS FOUNDATION FY2025£560k—0unclear—no doubt
COMMUNITIES AND HOUSING INVESTMENT IN PEOPLE FY2024£207k—0within—no doubt
N SETHIA FOUNDATION FY2025£294k—0above—no doubt
The Places Foundation FY2025£996k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.