THE ROYAL AIR FORCE BENEVOLENT FUND

Registered charity 207327 · accounts filings on the Charity Commission register

Restricted and endowed funds of Charity no 1081009

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Accommodation/housing · Other Charitable Purposes · website · Get email alerts

Latest income
£2.4m
Latest spending
£1.3m
Registered
1962
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £0.6M for the year, a significant improvement from the £5.3M deficit in the previous year, driven by a 16% increase in total income to £21.6M. Per the trustees' report, free reserves held at year-end were £57.4M, which exceeds the trustees' determined minimum reserve requirement of £50M, providing a buffer against market volatility and future demand. The charity confirmed it has adequate resources to continue operating as a going concern for at least 12 months from the date of signing.

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

What the accounts disclose

Largest income source: Legacies (49% of income)
Legacies: £10.7M/50% — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Fundraising cost ratio: 21.3% of fundraised income — top quarter for charities its size (median 5.2%)
For every £1 we spent directly on fundraising we received £4.70 in the year (2023: £4.10).
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: £50M (held: £57.4m)
Trustees have determined that the minimum reserve requirement should be £50M for these reasons.
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from Trustees
Donations to the value of £1,375 (2023: £826.25) were received from individual Trustees in the year. — page 32
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Corporate structure

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

CQC provider record: The Royal Air Force Benevolent FundDeregistered, 1 registered location, last inspected 24/01/2017.charity number confirmed by CQC CQC record

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2025)

Total income
£2.4m
Total spending
£1.3m
Cost of raising funds
£11k
Reserves (reported)
£6.1m
Employees
0

Reported reserves equal ~56.8 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£2.4m£1.3m
31/12/2024£704k£854k
31/12/2023£729k£896k
31/12/2022£1.1m£1.5m
31/12/2021£1.1m£1.0m

Common questions

Is THE ROYAL AIR FORCE BENEVOLENT FUND financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £0.6M for the year, a significant improvement from the £5.3M deficit in the previous year, driven by a 16% increase in total income to £21.6M. Per the trustees' report, free reserves held at year-end were £57.4M, which exceeds the trustees' determined minimum reserve requirement of £50M, providing a buffer against market volatility and future demand. The charity confirmed it has adequate resources to continue operating as a going concern for at least 12 months from the date of signing. Its FY2024 accounts were audited by Crowe U.K. LLP.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
UK government11/03/2022£431kOVA Afghanistan Veterans' Fund
UK government18/06/2021£9kCovenant Fund

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 THE ROYAL AIR FORCE BENEVOLENT FUND.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE ROYAL AIR FORCE BENEVOLENT FUND£2.4munclear21.3%no doubt
THE ROYAL AIR FORCE BENEVOLENT FUND FY2025£27.7m19unclear17.9%no doubt
THE ROYAL AIR FORCE DEPENDANTS FUND FY2025£409k0unclearno doubt
THE ROYAL AIR FORCE CENTRAL FUND FY2023£6.6m£110,001 - £120,000unclearno doubt
YAD VEACHISOMOCH L'CHAIM FY2025£834k0unclearno doubt
The British Airways Benevolent Fund FY2024£120k0aboveno doubt

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