Age UK raises money in a variety of ways.
How we fundraise
We are grateful to our many generous supporters. Fundraising, through donations, legacies, gifts and other voluntary contributions makes up our largest source of net income. We also raise money by delivering charitable activities. For every £1 donated to Age UK, 89p is available to help older people and 11p is used to raise funds for today and tomorrow.
We fundraise in a way that has older people and our generous donors in mind. We have established principles to ensure that we do not engage in practices that are inconsistent with Age UK’s values. Our Fundraising Charter sets out these principles and reassures people about what we will and will not do when fundraising.
Read our Fundraising Charter
How we trade
Age UK Trading CIC, a social enterprise, raises money for Age UK’s charitable work by donating the profits it makes from running over 400 charity shops, providing financial services that meet the needs of older people, offering independent living products, such as stair lifts as part of our At Home range, and by running a lottery and raffle.
We work hard to offer good value products and services that offer features that older people tell us are important to them.
Read our Customer Charter
Our work in 2015/16
In 2015/16, our net incoming resources were £86.4 million. This can be broken down into seven main income streams (figures represent total net income for the past year):
- voluntary £47.7m
- charitable £6.2m
- retail £5.5m
- financial services £15.5m
- at home £4.5m
- other trading £5.6m
- investments and other £1.4m
How we helped people in later life
Our work can be broken down into six main areas. This year we spent £80.8 million on charitable work, of which we used:
More about our income sources
Donations
The generosity of our supporters is vital to our survival - donations and gifts are our single greatest source of income.
More information on how to make a donation
Legacies
A donation left to Age UK in your will could make a real difference to people in later life. You can choose whether to donate to our international, national, regional or local work.
Find out more about leaving a legacy
Events
Events and sponsorship are valuable sources of income. Money is raised through a variety of events including dances, local walks and runs, overseas treks and cycle challenges.
All about our events and sponsorship
Trusts and Foundations
We would like to thank the trusts and foundations who have generously donated to Age UK, to help older people lead more fulfilling lives.
Find out about some of our high-value donors
Retail and trading
We have around 400 outlets throughout the UK, selling new and donated goods.
More information about our shops
We offer a range of products and services tailormade for people in later life. The surplus net profits we raise through trading are gift aided and donated to Age UK.
More information about our products and services
Why Age UK sells products