There are eight new entrants to this year’s Charity Finance 100 Index, including the Disasters Emergency Committee (DEC).
The Index tracks the UK’s largest 100 charities, ranking them by their average total income over the past three years. It is updated every spring, with the latest version published in the April issue of Charity Finance.
DEC is the highest new entrant, having moved up 250 places from position 217 in the Charity Finance 250 Index to position 67 in the Charity Finance 100 Index, with a three-year average income of £105.8m.
The second highest new entrant is Big Win Philanthropy which enters the 100 Index at position 73 based on a three-year average income of £99.1m.
Meanwhile, Nuffield Health and the Charities Aid Foundation have maintained their respective first and second positions in the 100 Index for the second consecutive year.
Huge increase in income
DEC’s income increased by 729% to £274.3 in the year ending 31 March 2022 after its successful Ukraine Appeal. The appeal, which has now passed the £400m mark, raised £222.4m comprising more than 80% of the charity’s total income that year.
The charity was last a member of the 100 Index in 2012 and 2013 following successful appeals in response to natural disasters in Haiti, Pakistan, East Africa and the Philippines.
In February, DEC launched an appeal for the earthquakes in Turkey and Syria which raised over £100m in its first fortnight, meaning the charity is likely to retain its membership of the Index beyond the current year.
Independent foundation Big Win Philanthropy also saw a large boost to its income, which between 2017 and 2020 ranged between £0.1m and £0.2m before increasing to nearly £300m in the year to 31 December 2021.
Another charity that is new to the 100 and 250 Indexes is the Kingdom Hall Trust, which enters the 100 Index in position 93 based on a three-year average income of £81.4m.
Also new to the Index is ACS International Schools which enters in position 99 based on a three-year average income of £78.7m.
Other entrants
There are four other charities that have moved up from the 250 Index.
Charities Trust moved up 70 places from position 51 in the 250 Index to position 81 in the 100 Index based on three-year average income of £90.7m.
The charity reported a 144% increase in income to £164.3m in the financial year ending 30 April 2021, mostly due to a 148% increase in voluntary income to £161.9m.
The Raspberry Pi Foundation and Sustrans each moved up 49 places to positions 91 and 92 respectively in the 100 Index.
And WWF-UK moved up seven places into position 97 based on a three-year average income of £79.5m.
Leavers
Income data for this year’s Index was extracted from charities’ accounts with financial year-ends up to and including 31 March 2022, with the index ranking based on average total income over the last three years.
This year, the minimum income requirements rose by 4% from £75.3m to £78.2m, resulting in the demotion of eight charities into the 250 Index.
One of them is HCT Group, which previously ranked 93 in the 100 Index. The charity sold its commercial transport operations in August 2022 before entering administration in September of that year.
The other charities are:
• Aga Khan Foundation (UK).
• UBS UK Donor Advised Foundation.
• Historic Royal Palaces.
• Jewish Care.
• Gatsby Charitable Foundation.
• Church of Jesus Christ of Latter-Day Saints.
• Institute of Physics.
Subscribers to Charity Finance magazine can see the full list.
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