Finance Score: -4

Governance Score: 0

Support Score: 3

Excess reserves: -5
Reasonable growth: +1

Gov Income
Grant maker support: +3

Overall GiG Score: -1

WELLCOME TRUST

Wellcome exists to improve health by helping great ideas to thrive.We support researchers, we take on big health challenges, we campaign for better science, and we help everyone get involved with science and health research. We are a politically and financially independent foundation.

Analysis by Giving is Great

Positives:

The charity has received Government grants and contracts
This charity has an endowment fund which generates most of its income
There has been reasonable growth in spending over the last 3 years relative to the previous period

Regulatory & Governance issues to consider:

This charity uses a corporate trustee

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £34,583,836,929 available, equivalent to 279 months of spending and so may not be able to utilise additional funding

Established: 62 years

www.wellcome.org

company.secretary@wellcome.org

02076118888

Charity Commission for England and Wales

Tweets

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
30/09/22	£502,291	£1,488,848	£-986,557	£0	£34,601,301	£34,583,837	278.7	2,081
30/09/21	£410,257	£1,365,368	£-955,110	£0	£36,260,562	£36,240,784	318.5	2,065
30/09/20	£463,593	£1,184,382	£-720,789	£0	£27,821,753	£27,802,376	281.7	1,969
30/09/19	£481,006	£1,331,304	£-850,299	£0	£25,214,439	£25,189,325	227	1,857
30/09/18	£484,774	£781,218	£-296,444	£71,932	£24,200,118	£24,167,879	371.2	1,797
30/09/17	£425,285	£1,280,177	£-854,892	£0	£21,876,965	£21,855,738	204.9	1,784
30/09/16	£390,300	£1,170,407	£-780,106	£0	£19,561,631	£19,559,803	200.5	1,832
30/09/15	£438,688	£1,193,293	£-754,606	£3,046	£16,907,240	£16,907,240	170	2,057
30/09/14	£337,963	£869,844	£-531,881	£2,653	£16,736,910	£16,736,910	230.9	1,733
30/09/13	£281,489	£872,325	£-590,836	£2,166	£15,041,153	£15,041,153	206.9	1,452
30/09/12	£242,435	£837,094	£-594,659	£2,170	£13,329,720	£13,329,720	191.1	1,413
30/09/11	£254,389	£728,145	£-473,755	£2,325	£12,438,283	£12,438,283	205	1,354
30/09/10	£230,348	£769,379	£-539,031	£2,124	£12,740,526	£12,740,526	198.7	1,360
30/09/09	£190,997	£745,045	£-554,047	£2,126	£11,949,044	£11,949,044	192.5	1,339
30/09/08	£258,108	£742,293	£-484,184	£1,793	£12,031,653	£12,031,653	194.5	1,298
30/09/07	£293,745	£559,778	£-266,033	£1,882	£14,364,937	£14,364,937	307.9	1,302
30/09/06	£301,196	£531,292	£-230,096	£0	£0	£0	n/a	0
30/09/05	£295,018	£533,503	£-238,485	£0	£0	£0	n/a	0
30/09/04	£258,459	£421,552	£-163,093	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 5%
Highest pay band: over £500,000
Liabilities/Assets: 16%
Liabilities/Income: 1261%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 278.7 months
Net Current Assets/Spending: -11 months
Quick Ratio: 0

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science
Education/Training
The Advancement Of Health Or Saving Of Lives

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Other charitable activities
Provides buildings/facilities/open space
Provides other finance
Sponsors or undertakes research

Where it operates

Australia, Bangladesh, Botswana, Brazil, Burkina Faso, Cameroon, Canada, China, Colombia, Costa Rica, Cyprus, Denmark, France, Germany, Ghana, India, Indonesia, Ireland, Italy, Japan, Kenya, Madagascar, Malaysia, Nepal, Netherlands, New Zealand, Nigeria, Norway, Peru, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sri Lanka, Switzerland, Tanzania, Throughout England And Wales, Uganda, United States, Zambia, Zimbabwe,

Who it helps

The General Public/Mankind

Who works here?

2,081 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (1)

THE WELLCOME TRUST LIMITED

Legal constitution

Charity registered in England & Wales on 04/10/1962, number: 210183

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

19 returns made; all on time

Main office

WELLCOME TRUST
GIBBS BUILDING
215 EUSTON ROAD
LONDON
NW1 2BE

Objectives

(1) TO PROTECT, PRESERVE AND ADVANCE ALL OR ANY ASPECTS OF THE HEALTH AND WELFARE OF HUMANKIND AND TO ADVANCE AND PROMOTE KNOWLEDGE AND EDUCATION BY ENGAGING IN, ENCOURAGING AND SUPPORTING: (A) RESEARCH INTO ANY OF THE BIOSCIENCES; AND (B) THE DISCOVERY, INVENTION, IMPROVEMENT, DEVELOPMENT AND APPLICATION OF TREATMENTS, CURES, DIAGNOSTICS AND OTHER MEDICINAL AGENTS, METHODS AND PROCESSES THAT MAY IN ANY WAY RELIEVE ILLNESS, DISEASE, DISABILITY OR DISORDERS OF WHATEVER NATURE IN HUMAN BEINGS OR ANIMAL OR PLANT LIFE; AND (2) TO ADVANCE AND PROMOTE KNOWLEDGE AND EDUCATION BY ENGAGING IN, ENCOURAGING AND SUPPORTING: (A) RESEARCH INTO THE HISTORY OF ANY OF THE BIOSCIENCES; AND (B) THE STUDY AND UNDERSTANDING OF ANY OF THE BIOSCIENCES OR THE HISTORY OF ANY OF THE BIOSCIENCES.

Defined Area of Benefit:

NOT DEFINED

Data Sources