Armed Forces Covenant Fund
The Armed Forces Covenant Fund Trust makes grants to support the Armed Forces Community. The Covenant Fund is delivered by the Armed Forces Covenant Fund Trust. It has £10M a year to fund projects that support the Armed Forces Community.
Activities & Mission
The Armed Forces Covenant Fund Trust makes grants to support the Armed Forces Community. The Covenant Fund is delivered by the Armed Forces Covenant Fund Trust. It has £10M a year to fund projects that support the Armed Forces Community.
Areas of Operation
Where this charity is registered to operate, as self-declared to the Charity Commission. These are regulatory classifications, not a list of active programmes, and don't necessarily indicate fundraising activity in each location.
Country
Region
Financial Information
Financial Efficiency
Higher than 66% of UK Charitable activities charities with income over £10M (sample: 222). How is this calculated?
Higher than 100% of UK Charitable activities charities with income over £10M. How is this calculated?
Lower overhead than 95% of UK Charitable activities charities with income over £10M. (Lower overhead is generally read as more efficient.) How is this calculated?
Latest Financial Breakdown
Income Sources
Expenditure Categories
Financial Trend
Annual Returns
As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2025.
One or more years show a significant change in income (over ±100%) compared with the prior year. This usually reflects a merger, transfer of activities, restated accounts, or a one-off legacy — not necessarily a real change in operating scale. See the methodology for context.
| Financial Year | Income | Expenditure | Charitable Spending | Net Assets | Reserves | Staff |
|---|---|---|---|---|---|---|
| 2025 | £30,874,242 | £30,029,388 | £30,029,388 | £3,780,448 | £664,027 | 26 / 0 |
| 2024 | £35,748,238 | £34,458,210 | £34,458,210 | £2,935,595 | £282,007 | 23 / 0 |
| 2023 | £15,601,542 | £15,864,713 | £15,864,713 | £1,645,567 | £87,000 | 20 / 0 |
| 2022 | £28,152,874 | £27,573,958 | £27,573,958 | £1,908,738 | £104,000 | 16 / 0 |
| 2021 | £26,751,955 | £26,456,418 | £26,456,418 | £1,329,822 | £104,508 | 12 / 0 |
Staff column shows: Employees / Volunteers
Frequently asked questions about Armed Forces Covenant Fund
What does Armed Forces Covenant Fund do?
The Armed Forces Covenant Fund Trust makes grants to support the Armed Forces Community. The Covenant Fund is delivered by the Armed Forces Covenant Fund Trust. It has £10M a year to fund projects that support the Armed Forces Community.
How much income did Armed Forces Covenant Fund report in 2025?
Armed Forces Covenant Fund reported total income of £30.87m and reported expenditure of £30.03m for the financial year ending 2025, based on the most recent annual return filed with the Charity Commission.
How efficient is Armed Forces Covenant Fund?
Armed Forces Covenant Fund has a program ratio of 97.3%, meaning that share of its income goes directly to charitable activities. This is higher than 66% of UK Charitable activities charities with income over £10M (sample of 222 charities). See our methodology for how this is calculated.
When was Armed Forces Covenant Fund registered as a charity?
Armed Forces Covenant Fund was registered with the Charity Commission for England and Wales on 20 March 2018 as charity number 1177627. It has been registered for 8 years.
Who runs Armed Forces Covenant Fund?
Armed Forces Covenant Fund is governed by a board of 1 trustee. Trustees are legally responsible for the charity's governance and are listed in full on its profile.
Where does Armed Forces Covenant Fund operate?
Armed Forces Covenant Fund operates across 3 areas: Northern Ireland, Scotland and England And Wales.
Is Armed Forces Covenant Fund a registered charity?
Yes — Armed Forces Covenant Fund is a registered charity in England and Wales, charity number 1177627.
Details
3 Wellington Place
LEEDS
LS1 4AP
Registry Information
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Major UK charities in the same primary sector, drawn from the curated priority cohort.
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Sectors & Classifications
Data & trust
- Register data refreshed
- 14 May 2026
- Methodology
- How metrics are calculated