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home >> charity search >> the karuna trust
Finance Score: 1
Governance Score: 6
Support Score: 3
  • Good reserves management: +3
  • Strong growth: +2
  • Fundraising costs high: -4
  • Good trustee age range: +3
  • Dynamic board: +3
  • Overall weighted support: +3
Overall GiG Score: 10 ?

THE KARUNA TRUST

Karuna works alongside the most excluded people in South Asia, overcoming discrimination with locally-led education, gender equality and sustainable livelihood projects.
Analysis by Giving is Great

Positives:

  • The charity has received modest backing from a grant maker
  • Reserves management has been consistently within official guidelines
  • There has been strong growth in spending over the last 5 years
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Over half the Board have joined recently

Financial issues to consider:

  • Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k		 Spending
£k		 Surplus/
Deficit £k		 Fundraising
Cost £k		 Total
Funds £k		 Unrestricted
Funds £k		 Mths
Rsrvs		 Staff Volun-
teers
31/03/24£2,183£2,231£-49£806£1,197£1,1035.92410
31/03/23£2,199£2,210£-11£715£1,245£1,1876.42319
31/03/22£2,296£2,158£139£654£1,256£1,2216.82310
31/03/21£2,289£1,934£355£612£1,118£1,0266.4231
31/03/20?£1,895£1,843£53£680£763£7064.62413
31/03/18£1,791£1,917£-127£672£749£7204.5260
31/03/17£1,756£1,811£-55£617£876£8145.4250
31/03/16£1,830£1,861£-31£601£932£7935.1260
31/03/15£1,861£1,748£113£546£962£9286.4230
31/03/14£1,856£1,580£276£480£849£8106.2210
31/03/13*£1,552£1,446£106£494£592£5624.7150
31/03/12*£1,552£1,446£106£456£525£4834220
31/03/11*£1,584£1,519£66£446£419£3753210
31/03/10?*£1,604£1,606£-2£477£353£2822.1130
31/12/08£1,604£1,606£-2£316£434£2832.1190
31/12/07£1,520£1,554£-34£305£435£2812.2180
31/12/06£1,357£1,383£-27n/an/an/an/an/an/a
31/12/05£1,176£1,194£-18n/an/an/an/an/an/a
31/12/04£1,105£1,140£-34n/an/an/an/an/an/a
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 38.2%
Fundraising Costs/Total Spending: 36.1%
Highest pay band: Less than £60,000
Liabilities/Assets: 4%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 92%
Reserves/Spending: 5.9 months
Net Current Assets/Spending: 5 months
Quick Ratio: 11.2
Asset Split ?
Balance Sheet History
Established: 37 years

www.karuna.org

info@karuna.org

02077003434

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Disability
  • Economic/Community Development/Employment
  • Education/Training
  • Environment/Conservation/Heritage
  • General Charitable Purposes
  • Human Rights/Religious Or Racial Harmony/Equality Or Diversity
  • Other Charitable Purposes
  • Overseas Aid/Famine Relief
  • Religious Activities
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Other welfare services
How it operates
  • Acts as an umbrella or resource body
  • Makes grants to organisations
  • Other charitable activities
  • Provides services
Where it operates
  • Bangladesh, India, Nepal,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • People Of A Particular Ethnic Or Racial Origin
  • People With Disabilities
  • The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months		 To be used for
The Shears Foundation - The Karuna Trust
£15,000 26/01/2023
Helping the most marginalised communities in South Asia - Core funding
The Shears Foundation - The Karuna Trust
£5,000 24/06/2021
Emergency food relief for 1,200 families following Cyclone Yaas
Staples Trust - ADECOM
£7,000 14/03/2019
Towards its final four-year project to enable ADECOM to become fully sustainable and independent.
Staples Trust - ADECOM
£7,000 14/03/2019
Towards its final four-year project to enable ADECOM to become fully sustainable and independent.
Staples Trust - Development of the ADECOM network - Tamil Nadu
£7,000 16/03/2017
To support the development of the ADECOM network which works to empower women from the Dalit community in Tamil Nadu.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)
Current Trustees appointed

Age Range of Trustees: 42-64
  • CAROLYN OLGA MILOSEVIC Appointed: 2022, Occupation: Global Director Of Diversity, Equity, Inclusion
  • PETER DAVID WHITE Appointed: 2022, Occupation: Trustee Director
  • SU YEN TAN Appointed: 2022, Occupation: Finance Director
  • SUNDEEP KAUR GREWAL Appointed: 2022, Occupation: : Racial Diversity Co-Ordinator
  • VAJRAMUDITA ARMSTRONG (Chair) Appointed: 2018, Occupation: Consultant
Legal constitution
  • Charitable company registered in England & Wales on 05/06/1987, number: 327461
  • Registered at Companies House on 15/05/1987, number: 02132178
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • 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
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
19 returns made; AR13: 1 days late, AR12: 19 days late, AR11: 2 days late, AR10: 26 days late,
Main office

THE KARUNA TRUST
72 HOLLOWAY ROAD
LONDON
N7 8JG

Objectives

(1) THE RELIEF OF POVERTY (2) THE ADVANCEMENT OF EDUCATION (3) THE ADVANCEMENT OF THE BUDDHIST RELIGION (4) THE ADVANCEMENT OF OTHER CHARITABLE PURPOSES ANYWHERE IN THE WORLD.

Defined Area of Benefit:

ANYWHERE IN THE WORLD

Data Sources

Charity Commission for England and Wales
360 Giving

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