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MELLON EDUCATE (UK)

Registered charity 1175352 · accounts filings on the Charity Commission register

Latest income
£535k
Latest spending
£521k
Registered
2017
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a surplus of £84,969 for the year ended 31 December 2023, with unrestricted funds carried forward amounting to £276,983. The trustees consider the charity to be in a sound financial position with adequate resources to continue operations. Cash reserves at year-end were £345,395, which exceeds the trustees' stated minimum cash reserves requirement of £30,000.

What the accounts disclose

Reserves policy: £30,000 (held: £277k)
“At the current operating costs and activity levels the Trustees consider the minimum cash reserves requirement to be set at a level of £30,000” — page 8
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by BDO.

Public fundraising profile: JustGiving — Mellon Educate (UK) (matched by registered charity number).

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

Total income
£535k
Total spending
£521k
Cost of raising funds
£130k
Reserves (reported)
£30k
Employees
1

Reported reserves equal ~0.7 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Ireland · Kenya · South Africa · Throughout England And Wales · United States

Income and spending

Financial year endIncomeSpending
31/12/2024£535k£521k
31/12/2023£608k£523k
31/12/2022£1.0m£964k
31/12/2021£659k£585k
31/12/2020£116k£239k

Common questions

Is MELLON EDUCATE (UK) financially healthy?

The accounts state that the charity reported a surplus of £84,969 for the year ended 31 December 2023, with unrestricted funds carried forward amounting to £276,983. The trustees consider the charity to be in a sound financial position with adequate resources to continue operations. Cash reserves at year-end were £345,395, which exceeds the trustees' stated minimum cash reserves requirement of £30,000. Its FY2023 accounts were audited by BDO.

Who funds MELLON EDUCATE (UK)?

Funders whose own accounts filings name MELLON EDUCATE (UK) as a grant recipient include THE EQUINOXE TRUST, COLEFAX CHARITABLE TRUST.

Known funders

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

FunderYearAmount
THE EQUINOXE TRUSTFY2024£39k
COLEFAX CHARITABLE TRUSTFY2024£3k
THE EQUINOXE TRUSTFY2023£0

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
INTO GIVING LIMITED1£10k
DAVID LISTER CHARITABLE TRUST1£7k
THE AUSTIN BAILEY FOUNDATION1£1k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with SWANLAND EDUCATION AFRICA TRUST.