KOREA FUTURE INITIATIVE CIO

Registered charity 1185332 · accounts filings on the Charity Commission register · also known as KOREA FUTURE INITIATIVE, Korea Future

We investigate human rights violations in North Korea to support accountability for perpetrators and accelerate justice for victims.

Objects

1) TO PROMOTE HUMAN RIGHTS (AS SET OUT IN THE UNIVERSAL DECLARATION OF HUMAN RIGHTS AND SUBSEQUENT UNITED NATIONS CONVENTIONS AND DECLARATIONS) IN NORTH KOREA BY ALL OR ANY OF THE FOLLOWING MEANS:A) MONITORING ABUSES OF HUMAN RIGHTS;B) OBTAINING REDRESS FOR THE VICTIMS OF HUMAN RIGHTS ABUSE;C) RELIEVING NEED AMONG THE VICTIMS OF HUMAN RIGHTS ABUSE;D) RESEARCH INTO HUMAN RIGHTS ISSUES;E) PROVIDING TECHNICAL ADVICE TO GOVERNMENT AND OTHERS ON HUMAN RIGHTS MATTERS;F) RAISING AWARENESS OF HUMAN RIGHTS ISSUES;G) INTERNATIONAL ADVOCACY OF HUMAN RIGHTS; ANDH) ELIMINATING INFRINGEMENTS OF HUMAN RIGHTS.IN FURTHERANCE OF THAT OBJECT BUT NOT OTHERWISE, THE TRUSTEES SHALL HAVE POWERTO ENGAGE IN POLITICAL ACTIVITY PROVIDED THAT THE TRUSTEES ARE SATISFIED THAT THE PROPOSED ACTIVITIES WILL FURTHER THE PURPOSES OF THE CHARITY TO AN EXTENT JUSTIFIED BY THE RESOURCES COMMITTED AND THE ACTIVITY IS NOT THE DOMINANT MEANS BY WHICH THE CHARITY CARRIES OUT ITS OBJECTS.2) THE RELIEF AND ASSISTANCE OF NORTH KOREAN REFUGEES IN CHINA AND SOUTHEAST ASIA THROUGH THE RAISING AND PROVISION OF FUNDS TO PROVIDE SAFE PASSAGE TO THIRD-COUNTRIES.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Human Rights/religious Or Racial Harmony/equality Or Diversity · website · Get email alerts

Registered contact address: Kingston upon Thames, London, England (from the postcode on the register)

Latest income
£236k
Latest spending
£261k
Registered
2019
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £51,877, which is below the trustees' stated policy target of £61,846 (representing three months of unrestricted expenditure). The trustees identified a lack of funds to meet obligations as the greatest risk to the organisation, noting that greater diversification of income remains a challenge.

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

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

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 31/12/2025 (received 13/11/2026, 13 days after the 31/10/2026 due date).

Due and received dates as recorded in the Commission’s annual-return data; the data does not say whether an extension was agreed. Source: this charity’s annual returns on the Charity Commission register.

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

Total income
£968k
Total spending
£977k
Cost of raising funds
£10k
Reserves (reported)
£52k
Employees
12

Reported reserves equal ~0.6 months of spending — in the bottom quarter for charities its size (median 7.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (98% 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: 1.1% of total income — below the median for charities its size (3.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: South Korea · Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2025£236k£261k
31/12/2024£968k£977k
31/12/2023£770k£797k
31/12/2022£562k£533k
31/12/2021£507k£480k

Common questions

Is KOREA FUTURE INITIATIVE CIO financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £51,877, which is below the trustees' stated policy target of £61,846 (representing three months of unrestricted expenditure). The trustees identified a lack of funds to meet obligations as the greatest risk to the organisation, noting that greater diversification of income remains a challenge. Its FY2024 accounts were independently examined.

Who funds KOREA FUTURE INITIATIVE CIO?

Funders whose own accounts filings name KOREA FUTURE INITIATIVE CIO as a grant recipient include JOFFE CHARITABLE TRUST CIO.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
JOFFE CHARITABLE TRUST CIOFY2025£50kGrants to institutions
JOFFE CHARITABLE TRUST CIOFY2023£33k
JOFFE CHARITABLE TRUST CIOFY2021£30k
JOFFE CHARITABLE TRUST CIOFY2022£15k
JOFFE CHARITABLE TRUST CIOFY2024£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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with CONNECT: NORTH KOREA.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
KOREA FUTURE INITIATIVE CIO£236k—0unclear—no doubt
CONNECT: NORTH KOREA FY2025£514k—0below—no doubt
COLLECTIVE FUTURES (CIO) FY2026£1.7m——above—no doubt
National Independent Consumer Organisation FY2025£100k—0below—no doubt
NEW BEGINNINGS FOUNDATION CIO FY2026£813k——unclear—no doubt
THE CORPORATE JUSTICE COALITION CIO FY2025£193k—0above—no doubt

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