THE HOSPITAL OF ST OSWALD
The objects of the charity are to provide almshouses for persons in need of assistance who are over fifty years of age and can live independently and look after themselves. Applicants must have been living in the City of Worcester and areas of Herefordshire for the two years immediately proceding their application.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves were £70,622, representing 26% of unrestricted expenditure, which the trustees consider a key concern due to vacant almshouses. The trustees remain concerned about financial sustainability but consider the charity to be in a reasonable position to continue activities. Total funds decreased by £72,001 to £4,055,757, with the net expenditure before investment gains being £102,239.
What the accounts disclose
“The trustees consider a prudent level of reserves to be that which will generate income that meets the demands of the charity.”
“The trustees remain concerned about the financial sustainability of the charity during the accounting period and the position at 31st March 2025. These concerns centre on the number of vacant almshouses during the reporting period and the impact on the income of St Oswald’s Hospital.” — page 5
Trustees
- Canon Anne Penn
- Canon Christopher Price
- Canon Henry Briggs
- Canon Patrick Swan
- Canon Professor Lynn Nichol
- Canon Staffan Engstrom
- The Reverend Canon Kimberly Bohan
- The Venerable Canon Nikki Groarke
- The Very Reverend Dr Stephen Edwards
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £198k | £300k |
| 31/03/2024 | £182k | £309k |
| 31/03/2023 | £233k | £243k |
| 31/03/2022 | £223k | £284k |
| 31/03/2021 | £216k | £228k |
Common questions
Is THE HOSPITAL OF ST OSWALD financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves were £70,622, representing 26% of unrestricted expenditure, which the trustees consider a key concern due to vacant almshouses. The trustees remain concerned about financial sustainability but consider the charity to be in a reasonable position to continue activities. Total funds decreased by £72,001 to £4,055,757, with the net expenditure before investment gains being £102,239. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ESTATE CHARITY OF WILLIAM HATCLIFFE | 1 | £1.1m |
Charities like this
- THE ABERFORD ALMSHOUSES
- GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH
- THOMAS HICKMAN'S CHARITY
- SALISBURY CITY ALMSHOUSE AND WELFARE CHARITIES
- Wyggestons and Trinity Almshouses
- LANGLEY MARISH UNITED CHARITIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE HOSPITAL OF ST OSWALD | £198k | — | 0 | unclear | — | noted |
| THE ABERFORD ALMSHOUSES | £177k | — | 0 | above | — | no doubt |
| GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH | £460k | — | 0 | unclear | — | no doubt |
| THOMAS HICKMAN'S CHARITY | £980k | — | 0 | unclear | — | no doubt |
| SALISBURY CITY ALMSHOUSE AND WELFARE CHARITIES | £2.5m | — | — | unclear | — | no doubt |
| Wyggestons and Trinity Almshouses | £3.5m | — | — | below | — | no doubt |