GATSBY AFRICA
We aim to create jobs, raise incomes and reduce poverty for people in East Africa by accelerating inclusive and resilient economic growth.We fund and implement programmes that look to catalyse large-scale and lasting change in priority sectors, such as cotton in Tanzania.We also build and support local organisations dedicated to sector transformation and share what we have learned with others.
Financial health, per its FY2025 accounts
The accounts state that the Group recorded a net surplus of grant income over charitable expenditure of £1.8 million for the year, with unrestricted reserves held at £10.5 million. The Trustees confirm that sufficient reserves are held to match programme investments and maintain working capital, supported by a letter of ongoing financial support from the Gatsby Charitable Foundation.
What the accounts disclose
“Gatsby Charitable Foundation 20,441”
“Sufficient reserves are held by the Group to match amounts invested in programme investments and maintain working capital balances.” — page 7
“Gatsby Charitable Foundation has met staff costs of £267,000 (2024: £245,000) apportioned under joint administration arrangements for executive services provided by these Trustees to GA and will continue to do so for the duration of their appointment.”
“Gatsby Charitable Foundation has met staff costs of £267,000 (2024: £245,000) apportioned under joint administration arrangements for executive services provided by these Trustees to GA and will continue to do so for the duration of their appointment.”
“The Consolidated Statement of Financial Activities, Balance Sheet and Cash Flows of the Group incorporate the results of the Charity for the year and of its subsidiary, Msingi East Africa Ltd (see Note 8).” — page 15
Structured financials (annual return, FY ending 05/04/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £22.5m | £20.7m |
| 05/04/2024 | £20.7m | £16.3m |
| 05/04/2023 | £18.8m | £17.2m |
| 05/04/2022 | £14.6m | £18.8m |
| 05/04/2021 | £23.4m | £15.1m |
Common questions
Is GATSBY AFRICA financially healthy?
Per its FY2025 accounts: The accounts state that the Group recorded a net surplus of grant income over charitable expenditure of £1.8 million for the year, with unrestricted reserves held at £10.5 million. The Trustees confirm that sufficient reserves are held to match programme investments and maintain working capital, supported by a letter of ongoing financial support from the Gatsby Charitable Foundation. Its FY2025 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 2 | £48k |
| THE PETER STEBBINGS MEMORIAL CHARITY | 2 | £0 |
| THE GATSBY CHARITABLE FOUNDATION | 1 | £8.8m |
| ALDRIDGE FOUNDATION CIO | 1 | £133k |
| MERCURY PHOENIX TRUST | 1 | £102k |
| MEETINGS INDUSTRY MEETING NEEDS | 1 | £76k |
| THE BEATRICE GILMORE CHARITABLE TRUST | 1 | £64k |
| THE BROOKSIDE TRUST | 1 | £60k |
Charities like this
- GATSBY TECHNICAL EDUCATION PROJECTS
- ACE AFRICA (UK)
- BUILD AFRICA
- THE AFRICA TRUST
- SHAREAFRICA
- EAST AFRICA CHARACTER DEVELOPMENT TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GATSBY AFRICA | £22.5m | — | — | above | — | no doubt |
| GATSBY TECHNICAL EDUCATION PROJECTS | £3.8m | — | — | unclear | — | no doubt |
| ACE AFRICA (UK) | £508k | — | — | below | — | no doubt |
| BUILD AFRICA | £540k | — | 0 | above | 1.0% | no doubt |
| THE AFRICA TRUST | £1.6m | — | 0 | above | — | no doubt |
| SHAREAFRICA | £599k | — | 0 | above | — | no doubt |