Finance Score: 1
Governance Score: 3
Support Score: 0
  • Liabilities <10%: +3
  • Excess reserves: -5
  • Fundraising costs low: +3
  • Dynamic board: +3
  • No supporters identified
Overall GiG Score: 4 ?

THE SALVATION ARMY OFFICERS' PENSION FUND 

To provide pensions and lump sum retirement grants for all commissioned officers of The Salvation Army according to the Salvation Army Act (1963)
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • Fundraising costs are low relative to funds raised
  • The Board appears to be dynamic in terms of composition

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £268,528,652 available, equivalent to 323 months of spending and so may not be able to utilise additional funding
Established: 60 years

pensions@salvationarmy.org.uk

020 7367 4620

Charity Commission for England and Wales
UN SDGs
?

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 Volun-
teers
31/03/23£8,053£9,990£-1,937£0£268,529£268,529322.500
31/03/22£12,712£9,801£2,911£0£278,505£278,50534100
31/03/21£12,036£8,894£3,142£0£261,215£261,215352.400
31/03/20£12,416£9,103£3,313£481£214,644£214,644282.900
31/03/19£15,672£8,818£6,854£0£231,623£231,623315.200
31/03/18£18,168£8,992£9,177£0£215,318£215,318287.400
31/03/17£16,496£8,726£7,770£0£206,746£206,746284.300
31/03/16£17,323£8,722£8,601£0£173,599£173,599238.920
31/03/15£16,344£8,352£7,992£203£176,241£176,241253.220
31/03/14£13,157£8,573£4,584£175£151,855£151,855212.620
31/03/13£14,509£8,143£6,367£148£142,520£142,52021020
31/03/12£12,339£8,433£3,906£143£123,789£123,789176.120
31/03/11£9,656£7,741£1,915£161£118,488£118,488183.71,2540
31/03/10£9,370£7,731£1,640£135£106,367£106,367165.11,2630
31/03/09£9,221£7,916£1,305£134£77,814£77,8141181,3280
31/03/08£9,520£7,476£2,044£139£90,605£90,605145.41,3720
31/03/07£11,705£7,830£3,874£146£88,561£88,561135.71,4670
31/03/06£24,252£5,899£18,353£0£0£0n/a00
31/03/05£10,374£6,156£4,218£0£0£0n/a00
31/03/04*£6,973£5,898£1,076£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 8.2%
Fundraising Costs/Total Spending: 4.2%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 2%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 322.5 months
Net Current Assets/Spending: 2 months
Quick Ratio: INF
Asset Split ?
Listed activities
  • Other Charitable Purposes
How it operates
  • Makes Grants to Individuals
  • Provides other finance
Where it operates
  • Throughout England And Wales,
Who it helps
  • Elderly/Old People

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)
Current Trustees appointed

Legal constitution
  • Charity registered in England & Wales on 16/06/1964, number: 230791
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Risk management
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Filing Record
20 returns made; AR04: 1 days late,
Main office

THE SALVATION ARMY
1 CHAMPION PARK
LONDON
SE5 8FJ

Objectives

TO PROVIDE PENSIONS FOR OFFICERS OF THE SALVATION ARMY.

Defined Area of Benefit:

NATIONAL

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great