THE KARTA INITIATIVE
As a social mobility movement for the "bottom billion", we aim to transform the life outcomes of impoverished high-potential young people in developing/emerging countries. We widen access to world-class educational and professional opportunity: engaging human, technology and financial capital, to dismantle barriers of exposure, information, infrastructure, skills, finance and social networks.
Objects
THE OBJECT OF THE CIO IS TO ADVANCE EDUCATION FOR THE BENEFIT OF THE PUBLIC BY WIDENING ACCESS TO WORLD-CLASS HIGHER EDUCATIONAL AND PROFESSIONAL OPPORTUNITIES FOR YOUNG PERSONS FROM FINANCIALLY DISADVANTAGED BACKGROUNDS IN DEVELOPING AND EMERGING COUNTRIES.?
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £52,797 for the year, which was funded from existing reserves, reducing total funds from £593,259 to £540,462. Despite this reduction, the Trustees consider the charity to remain in a strong financial position with sufficient reserves to support ongoing operations. The unrestricted reserves held were £306,221, which is above the stated policy target of covering six months of operating costs.
What the accounts disclose
“The Trustees aim to hold reserves to sufficiently cover operating costs for a period of six months”
“Professional fees of £350 (2024: £940) charged by Wenn Townsend, Chartered Accountants, for the provision of accounting services. Ajay Bahi, trustee, is a partner of Wenn Townsend.” — page 23
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 1
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 1
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/03/2025 (received 13/02/2026, 13 days after the 31/01/2026 due date).
Trustees
- Anup Mysoorchair
- Arun Kumar
- Priyamvada Sharma
- Snigdha Singh
- Stephen Tall
- Vibhav Nuwal
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £140k | £193k |
| 31/03/2024 | £117k | £99k |
| 31/03/2023 | £133k | £223k |
| 31/03/2022 | £140k | £159k |
| 31/03/2021 | £156k | £105k |
Common questions
Is THE KARTA INITIATIVE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £52,797 for the year, which was funded from existing reserves, reducing total funds from £593,259 to £540,462. Despite this reduction, the Trustees consider the charity to remain in a strong financial position with sufficient reserves to support ongoing operations. The unrestricted reserves held were £306,221, which is above the stated policy target of covering six months of operating costs. Its FY2025 accounts were independently examined.
Who funds THE KARTA INITIATIVE?
Funders whose own accounts filings name THE KARTA INITIATIVE as a grant recipient include SLOANE ROBINSON FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| SLOANE ROBINSON FOUNDATION | FY2024 | £100k | |
| SLOANE ROBINSON FOUNDATION | FY2025 | £100k | |
| SLOANE ROBINSON FOUNDATION | FY2023 | £50k | |
| SLOANE ROBINSON FOUNDATION | FY2021 | £40k | |
| SLOANE ROBINSON FOUNDATION | FY2022 | £480 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BLAGRAVE TRUST | 1 | £257k |
| DAVID & RUTH LEWIS FAMILY CHARITABLE TRUST | 1 | £255k |
| THE TOLKIEN TRUST | 1 | £220k |
| John Lewis Partnership Foundation | 1 | £181k |
| AKO FOUNDATION | 1 | £175k |
| THE HEADLEY TRUST | 1 | £120k |
| JOHN ELLERMAN FOUNDATION | 1 | £90k |
| THE SEGELMAN TRUST | 1 | £80k |
Charities like this
- THE TALENT FOUNDRY TRUST
- B@TITUDE LIMITED
- GLOBAL POVERTY PROJECT UK
- MAKE A WELL CHARITY
- PARTNERSHIP FOR GROWTH
- COMPASSION IN ACTION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE KARTA INITIATIVE | £140k | — | 0 | unclear | — | no doubt |
| THE TALENT FOUNDRY TRUST | £2.0m | — | — | within | — | no doubt |
| B@TITUDE LIMITED | £102k | — | 0 | below | — | no doubt |
| GLOBAL POVERTY PROJECT UK | £1.6m | £130,001 - £140,000 | — | unclear | 3.0% | no doubt |
| MAKE A WELL CHARITY | £85k | — | 0 | unclear | — | no doubt |
| PARTNERSHIP FOR GROWTH | £1.3m | — | 0 | unclear | — | no doubt |