TEARFUND
Financial health, per its FY2025 accounts
The accounts state that total income decreased by 2.9% to £80.2 million, while total expenditure fell by 6% to £77.7 million, resulting in a net surplus of £2.6 million. Per the trustees' report, unrestricted reserves increased to £13.4 million, with the general fund balance standing at £11.8 million, which is above the target operating reserves range of £7.0 million to £11.0 million.
What the accounts disclose
“The total number of employees earning over £60,000 has decreased from the prior year due to the restructure carried out in 2023/24.” — page 84
“The total number of employees earning over £60,000 has decreased from the prior year due to the restructure carried out in 2023/24.” — page 84
“For 2025/26, the target range for operating reserves to cover these risks is set at between £7.0m and £11.0m.”
“Total donations from related parties in the year were £448,000 (2023/24: £371,000).” — page 96
Year-over-year changes
- Top pay band moved from £140,001 - £150,000 (FY2024) to £60,001 - £70,000 (FY2025).
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (20/11/2025)
- Received assets from another charity (23/12/2024)
- Received assets from another charity (07/06/2024)
- Received assets from another charity (02/04/2024)
- Received assets from another charity (12/01/2024)
- Received assets from another charity (10/07/2023)
Trustees
- AKINYEMI OLUSESAN ODUSOLU
- ANNA LASZLO
- Alfred Weyers Biehler
- Andrew Fraser Mackie
- Bonike Bracewell
- Catherine Alison De Souza
- David Wesson
- Jayakumar Kuruvilla Christian
- Jean Paul Ndagijimana
- Jimmy Maniar Nadapdap
- STEPHANIE CLARE BIDEN
- Tracy Jane Cotterell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £80.2m | £77.7m |
| 31/03/2024 | £82.6m | £82.7m |
| 31/03/2023 | £85.4m | £90.3m |
| 31/03/2022 | £79.5m | £76.9m |
| 31/03/2021 | £81.4m | £77.8m |
Common questions
Is TEARFUND financially healthy?
The accounts state that total income decreased by 2.9% to £80.2 million, while total expenditure fell by 6% to £77.7 million, resulting in a net surplus of £2.6 million. Per the trustees' report, unrestricted reserves increased to £13.4 million, with the general fund balance standing at £11.8 million, which is above the target operating reserves range of £7.0 million to £11.0 million. Its FY2025 accounts were audited by Crowe UK LLP.
What does the highest-paid employee of TEARFUND earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 42 employees earned over £60,000.
Who funds TEARFUND?
Funders whose own accounts filings name TEARFUND as a grant recipient include START NETWORK, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WROUGHTON AND WICHELSTOWE, THE JERUSALEM TRUST, CRODA FOUNDATION, ELRHA.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £90k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £40k |
| THE BEATRICE GILMORE CHARITABLE TRUST | 1 | £27k |
| H P CHARITABLE TRUST | 1 | £21k |
| SHAAREI RACHAMIM LIMITED | 1 | £14k |
| BRITISH HUMANE ASSOCIATION | 1 | £8k |
| KEHAL YETEV LEV | 1 | £5k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF ALL SAINTS, MARGARET STREET, LONDON W1 | 1 | £2k |