CLEVELAND CLINIC PHILANTHROPY (UK) LTD

Registered charity 1188616 · accounts filings on the Charity Commission register

The objects of the Charity are, to the extent that the same are exclusively charitable according to the laws of England and Wales, the advancement of health, medical education and research for the benefit of the public and in particular (but without limitation) in supporting The Cleveland Clinic Foundation.

Causes: The Advancement Of Health Or Saving Of Lives · Grant history (this charity is a funder) · Get email alerts

Latest income
£6.9m
Latest spending
£5.9m
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity held free unrestricted reserves of £1,000,619 at year-end, which corresponds to approximately 12 months of unrestricted expenditure, exceeding its policy target of three months. The charity reported total income of £6,863,386 and net income for the year of £975,288, with cash at bank and in hand increasing to £14,034,419. The Trustees confirmed that the ultimate parent entity will continue to support the charity's obligations, allowing it to meet liabilities as they fall due.

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

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £1.0m)
“The Trustees aim to maintain unrestricted reserves that are sufficient to cover support costs for at least three months.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The charity received grants of £800,000 (2023: £1,100,000) from its ultimate parent entity, The Cleveland Clinic Foundation.
“During the year the charity received grants of £800,000 (2023: £1,100,000) from its ultimate parent entity, The Cleveland Clinic Foundation.” — page 20
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott Audit LLP. Discloses 4 of 6 completeness components.

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

Total income
£6.9m
Total spending
£5.9m
Cost of raising funds
£869k
Reserves (reported)
£1.0m
Employees
1

Reported reserves equal ~2.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (93% 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: 12.7% of total income — above the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£6.9m£5.9m
31/12/2023£7.5m£3.5m
31/12/2022£7.1m£1.1m
31/12/2021£1.8m£781k
31/12/2020£250k£349k

Common questions

Is CLEVELAND CLINIC PHILANTHROPY (UK) LTD financially healthy?

Per its FY2024 accounts: The accounts state that the charity held free unrestricted reserves of £1,000,619 at year-end, which corresponds to approximately 12 months of unrestricted expenditure, exceeding its policy target of three months. The charity reported total income of £6,863,386 and net income for the year of £975,288, with cash at bank and in hand increasing to £14,034,419. The Trustees confirmed that the ultimate parent entity will continue to support the charity's obligations, allowing it to meet liabilities as they fall due. Its FY2024 accounts were audited by Buzzacott Audit LLP.

Who funds CLEVELAND CLINIC PHILANTHROPY (UK) LTD?

Funders whose own accounts filings name CLEVELAND CLINIC PHILANTHROPY (UK) LTD as a grant recipient include NNS FOUNDATION.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
NNS FOUNDATIONFY2022£2.6msupport advancement of health
NNS FOUNDATIONFY2025£1.3msupport advancement of health
NNS FOUNDATIONFY2024£1.3m
NNS FOUNDATIONFY2023£1.3madvancement of health

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 TRUSTEES OF THE LONDON CLINIC LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
CLEVELAND CLINIC PHILANTHROPY (UK) LTD£6.9m—0above—no doubt
TRUSTEES OF THE LONDON CLINIC LIMITED FY2024£188.1m——unclear—no doubt
STOCKPORT NHS FOUNDATION TRUST GENERAL FUND FY2025£930k—0above—no doubt
THE HULL AND EAST YORKSHIRE HOSPITALS HEALTH CHARITY FY2025£2.4m—0unclear—no doubt
WALSALL HEALTHCARE NHS TRUST GENERAL CHARITABLE FUND FY2025£315k—0unclear—no doubt
THE SANITA MERALI TRUST FY2024£1.0m—0unclear—no doubt

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