read foundation
Activities & Mission
READ FOUNDATION CHANGED ITS LEGAL STRUCTURE FROM A TRUST TO A CHARITABLE COMPANY, NO:1160256. HISTORICAL INFORMATION IS AVAILABLE UNDER THE PREVIOUS CHARITY NUMBER: 1114808.READ Foundation builds purpose built schools to provide quality education for poor and rural communities. It sponsors orphans & needy children to gain the skills needed to help themselves out of poverty.
Fundraising
See where Read Foundation is active and find local fundraising opportunities.
Financial Information
Latest Income
£12,052,823
Latest Expenditure
£9,348,440
Financial Efficiency
Program Ratio 62.5%
% of income going directly to charitable activities
Overall Efficiency 80.6%
% of expenditure going to programs (vs overhead)
Administrative Ratio 19.4%
Overhead (fundraising + governance) as % of total expenditure
Latest Financial Breakdown
Income Sources
Donations & Legacies £12,018,575
Charitable Activities £25,177
Other Trading £0
Investments £9,071
Other Income £0
Expenditure Categories
Charitable Expenditure £7,532,704
Raising Funds £1,800,036
Governance £9,600
Grants to Institutions £5,800,295
Other Expenditure £15,700
Financial Trend
Annual Returns
| Financial Year | Income | Expenditure | Charitable Spending | Net Assets | Reserves | Staff |
|---|---|---|---|---|---|---|
| 2024 | £12,052,823 | £9,348,440 | £7,532,704 | £7,071,222 | £300,000 | 58 / 25 |
| 2023 | £8,480,813 | £8,000,979 | £6,587,483 | £4,366,839 | £300,000 | 39 / 20 |
| 2022 | £7,308,283 | £5,400,365 | £4,365,905 | £3,887,005 | £304,266 | 21 / 25 |
| 2021 | £5,369,265 | £4,928,902 | £4,344,826 | £1,979,087 | £200,000 | 29 / 15 |
| 2020 | £4,888,666 | £3,793,040 | £2,997,891 | £1,538,724 | £300,000 | 17 / 20 |
Staff column shows: Employees / Volunteers
Details
Address
Read Foundation
Victoria Court
376 Wilmslow Road
MANCHESTER
M14 6AX
Victoria Court
376 Wilmslow Road
MANCHESTER
M14 6AX
Website
www.readfoundation.org.ukRegistration Date
30 January 2015
Status
Registered
Registry Information
Organisation Number
5053138
Charity Number
1160256
Trustees
HAROON RASHID
RIZWAN RASHID
Dr USMAN CHOUDRY
Asif Ansari
Sarah Salam
Saeed Mahmood