WELLCOME TRUST
Activities
As described by the charity on the register
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.
Latest income
£589m
Expenditure
£2.05bn
Financial year end
2025-09-30
Income & spending history
As reported to the Charity Commission, by financial year end
| Year end | Income | Expenditure | |
|---|---|---|---|
| 2021-09-30 | £410m | £1.37bn | |
| 2022-09-30 | £502m | £1.49bn | |
| 2023-09-30 | £542m | £1.66bn | |
| 2024-09-30 | £569m | £1.63bn | |
| 2025-09-30 | £589m | £2.05bn |
Latest detailed return
Year end 2025-09-30 · consolidated (group) figures
Income mix
| Donations & legacies | £273k |
| Charitable activities | £30.2m |
| Trading | £0 |
| Investment income | £538m |
| Total income | £589m |
Spending
| Charitable spend | £1.88bn |
| Raising funds | £99.1m |
| Grants to institutions | £1.41bn |
| Governance | £6.1m |
| Total expenditure | £2.05bn |
Balance sheet
| Reserves | £35.72bn |
| Total funds | £35.74bn |
| — restricted | £20.3m |
| — unrestricted | £35.72bn |
| — endowment | £0 |
| Total assets | £35.74bn |
| Cash | £43.4m |
People
| Employees | 2,358 |
Classification
The charity's own register classification
What it does
- Education/training
- The Advancement Of Health Or Saving Of Lives
- Arts/culture/heritage/science
Who it helps
- The General Public/mankind
How it works
- Makes Grants To Individuals
- Makes Grants To Organisations
- Provides Other Finance
- Provides Buildings/facilities/open Space
- Sponsors Or Undertakes Research
- Other Charitable Activities
Source: Charity Commission for England and Wales register, 2026-08-12. Detailed figures as filed in the charity's annual return. Contains public sector information licensed under the Open Government Licence v3.0.