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The Wave Project

Charity rating & review

77/100 Clarity Score · 4 stars · Charity Commission filings · How we score

Verified · Charity Commission data
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77 /100

Clarity score

Good

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Quick answer

Is The Wave Project a good charity?

The Wave Project scores 77/100 (4 stars, Good) on CharityCompare's Clarity Score, calculated from its UK regulator filings. Its latest accounts year is 2025 (£1.6m total income, 94% of spending on charitable activities). This reflects financial transparency and stewardship on paper — not the real-world impact of its programmes. See the full breakdown.

Truro · UK-wide · TR7 1LN Reg 1163421 Registered charity Official website Charity Commission register

What does The Wave Project do?

The Wave Project is a registered charity (no. 1163421) working in disability across the United Kingdom. Its latest Charity Commission filing directs 94% of spending to charitable activities, holding roughly 0 months of reserves, and files its annual accounts on time. Reported income has been growing (≈6% a year). CharityCompare's Clarity Score rates the organisation only from public Charity Commission accounts — accountability, financial health, efficiency and community support — not the quality or impact of its programmes.

Summarised from public filings — The Wave Project hasn't added its own description yet. Work here? Add it free →

In short: THE WAVE PROJECT scores 77 out of 100 (4 stars). 94% average program spend (3-year average). Filings are up to date with no major concerns.

What is The Wave Project?

The Wave Project has a Clarity Score of 77 out of 100 on CharityCompare (4 stars, Good). Charity Commission registration number 1163421. Status: Registered. Primary cause area: Disability. Latest accounts year 2025: total income £1.6m, with 94% of expenditure on charitable activities. Accounts filing: up to date. Reserves: approximately 0 months of operating costs. No major red flags from our filing review. Scores are independent and based on official filings — not a donation recommendation.

Data from Charity Commission register, last updated .

Overall score

77/100

4★ · Good

Cause spend

94%

3-yr avg · charitable activities

Accountability

100/100

Finance beacon

Income

£1.6m

Latest year 2025

Reserves

0 mo

Months of running costs

Accounts filing

On time

Charity Commission

£28.8 raised per £1 fundraising (3-yr avg) · 6% overhead · Website on register · Confidence: high

How does THE WAVE PROJECT compare?

Clarity Score percentile against similar UK charities — the share of peers THE WAVE PROJECT scores higher than.

Income band (£1m–£5m)43rdpercentile

Scores higher than 43% of 2,776 charities in its income band · 77/100 vs 78 peer average (marker).

Disability charities42ndpercentile

Scores higher than 42% of 711 charities in this cause · 77/100 vs 79 peer average (marker).

How reliable is The Wave Project's data?

Source
Charity Commission (England & Wales)
Accounts year
2025
Filing date
Profile reviewed

High confidence — complete filing data

Scores reflect the latest annual accounts on the register. Clarity Score measures how clearly the charity accounts for money in those filings — not programme impact.

Contains public sector information licensed under the Open Government Licence v3.0. Sources: Charity Commission for England and Wales, Office of the Scottish Charity Regulator and Charity Commission for Northern Ireland. Open Government Licence v3.0 .

What is The Wave Project's Beacon report?

Detailed accountability and finance metrics from UK regulator filings — structured for transparency in our four-beacon report.

Accountability & Transparency

Baseline trust from filing discipline, board oversight, and declared governance policies.

100/100

Accountability & Transparency metrics for THE WAVE PROJECT
Metric Score Value
Filing history (5 years)

100% on-time over five years = 15 pts · one late filing = 5 pts · two or more = 0 pts.

100% 15/15 pts
Trustee oversight

Three or more trustees on the register = 15 pts, scaled down for fewer (governance red flag below three).

100% 7 trustees · 15/15 pts
Declared policies

Safeguarding (4) · conflict of interest (3) · volunteer management (3) — from Charity Commission annual return.

100% 10/10 pts

Financial Health

Stability and solvency — reserves, revenue trend, and debt from Charity Commission accounts.

23/100

Financial Health metrics for THE WAVE PROJECT
Metric Score Value
Reserves (months of cash)

3–24 months = full marks, tapering on both sides · 0 months or 4+ years (hoarding) = 0 pts.

0% 0 months · 0/15 pts
Income stability / growth

+20% or more over the window = 10 pts · flat = 5 pts · −20% or worse = 0 pts, scaled between.

30% 3/10 pts · 3-year average
Liabilities to assets

0% liabilities-to-assets = 5 pts, scaling down to 0 pts at 60%+ debt.

80% 9% · 4/5 pts

Financial Efficiency

How efficiently funds reach the cause — program spend and fundraising cost ratios.

100/100

Financial Efficiency metrics for THE WAVE PROJECT
Metric Score Value
Program expense ratio

90%+ on charitable activities = full marks, scaling down to 0 pts at 50% or below.

100% 94% · 10/10 pts (3-year average)
Fundraising efficiency

≤10p to raise £1 = full marks, scaling down to 0 pts at 40p or above (fundraising cost ÷ income).

100% 3p per £1 income · 10/10 pts (3-year average)

Community Support

Grassroots backing from Charity Commission workforce data — volunteers vs paid staff.

100/100

Community Support metrics for THE WAVE PROJECT
Metric Score Value
Volunteer-to-staff ratio

Volunteers at 2x staff or more = full marks · no volunteers = 0 pts, scaled between.

100% 1,395 volunteers / 40 staff · 10/10 pts

How we calculate beacon scores →

What is The Wave Project's Clarity Score?

77/100 total · Good · 4 of 5 stars

Four pillars (40 + 30 + 20 + 10 points) from Charity Commission filings — see methodology for full weightings.

100/100
Accountability & Transparency
23/100
Financial Health
100/100
Financial Efficiency
100/100
Community Support

Accountability & Transparency

Baseline trust from filing discipline, board oversight, and declared governance policies.

100/100

Filing history (5 years)15/15 pts
Trustee oversight7 trustees · 15/15 pts
Declared policies10/10 pts

Financial Health

Stability and solvency — reserves, revenue trend, and debt from Charity Commission accounts.

23/100

Reserves (months of cash)0 months · 0/15 pts
Income stability / growth3/10 pts · 3-year average
Liabilities to assets9% · 4/5 pts

Financial Efficiency

How efficiently funds reach the cause — program spend and fundraising cost ratios.

100/100

Program expense ratio94% · 10/10 pts (3-year average)
Fundraising efficiency3p per £1 income · 10/10 pts (3-year average)

Community Support

Grassroots backing from Charity Commission workforce data — volunteers vs paid staff.

100/100

Volunteer-to-staff ratio1,395 volunteers / 40 staff · 10/10 pts

How much does The Wave Project raise and spend?

Latest filed year 2025 · Source: Charity Commission filings

THE WAVE PROJECT revenue and expenses for 2025
Category Amount % of spend
Total income £1.6m
Total expenditure £1.7m
Charitable activities £1.6m 95%
Fundraising £83k 5%
Governance & admin £51k 3%
95%On charitable activities

Where does the money go?

Latest accounts (2025) · £1.7m spent

  • Charitable activities95%
  • Fundraising5%
  • Governance3%

What trust indicators does The Wave Project have?

Pulled from the Charity Commission register — filing behaviour, board size, and workforce where reported.

  • Accounts filed on time

    up to date · last filing

  • Trustee board size (3–12)

    7 trustees on the Charity Commission register

  • Workforce on register

    40 employees · 1,395 volunteers (35:1 volunteer-to-staff)

Fundraising Regulator

Status not yet checked

Separate from our financial scores — shows whether the charity follows the Code of Fundraising Practice.

Check Fundraising Regulator →

Official register

Reg 1163421

Full trustee list, accounts, and regulatory history on the Charity Commission.

View on Charity Commission →

Trustees & officers

  • William Robertson Chair · since 2020
  • Sally Munday since 2022
  • Gary James Dreghorn since 2025
  • John Graham Murphy since 2025
  • Rachael Parker since 2025
  • Richard Alun LLoyd Jones since 2025
  • Caroline Louise Keylock since 2025
How we score charities +

The Clarity Score is a 100-point rating from UK regulator filings (Charity Commission for England and Wales, OSCR and CCNI). Four pillars — Accountability & Transparency (40), Financial Health (30), Financial Efficiency (20), and Community Support (10) — each scored on a continuous scale, not pass/fail cutoffs. A statutory inquiry sets the score to 0 automatically.

Full methodology →

Accountability & Transparency

Scored from filings

40 points — filing history (15), trustee oversight (15, scaling up to a board of three or more), declared policies (10).

Financial Health

Scored from filings

30 points — reserves (15, full marks 3–24 months, tapering on both sides), income stability (10), liabilities to assets (5, scaling down as debt rises).

Financial Efficiency

Scored from filings

20 points — program expense ratio and fundraising cost, each on a graduated scale (not a single cutoff). Kept at 20% of the total: financial-ratio scoring alone is not a reliable effectiveness signal (see "why not just an overhead ratio?" below).

Community Support

Scored from filings

10 points — volunteer-to-staff ratio from Charity Commission workforce data, scaling continuously up to a 2:1 ratio.

Overall score

Sum of all pillar points. Display stars use the same bands as the labels: 90–100 → 5★ Exceptional; 75–89 → 4★ Good; 60–74 → 3★ Needs improvement; 1–59 → 2★ Poor; 0 → not rated.

How have The Wave Project's finances changed over five years?

£0k £500k £1000k £1500k £2000k 2021 2022 2023 2024 2025 Income 2021: £1,257k Spending 2021: £1,074k Cause spend 2021: £1,036k Income 2022: £1,478k Spending 2022: £1,664k Cause spend 2022: £1,601k Income 2023: £1,737k Spending 2023: £1,322k Cause spend 2023: £1,234k Income 2024: £1,617k Spending 2024: £1,609k Cause spend 2024: £1,505k Income 2025: £1,589k Spending 2025: £1,652k Cause spend 2025: £1,569k
  • Income
  • Spending
  • Cause spend

Values in £ thousands · Cause spend plotted only when the filing discloses a split · Source: Charity Commission accounts

What are the key facts about The Wave Project?

Overall score
77/100 (4★)
Income
£1.6m
Cause spend
94% of expenditure
Reg number
1163421
Scope
UK-wide
Reserves
0 months
Trustees
7
Accounts year
2025
Filing
up to date

Where THE WAVE PROJECT sits

The causes this charity is classified under, and other charities working nearby.

Similar disability charities

Top-rated peers by CharityCompare score

How can you share The Wave Project's rating?

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How do you add The Wave Project's rating to your site?

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Frequently asked questions

Common questions about The Wave Project's rating, finances, and Charity Commission status.

Is The Wave Project a good charity? +

The Wave Project scores 77 out of 100 (4 stars — Good) on CharityCompare's Clarity Score, our independent read of its UK regulator filings. Around 94% of its spending goes to charitable activities and its accounts are up to date. That reflects how transparent and financially healthy it looks on paper — it does not measure the real-world impact of its work, so treat it as one factor alongside the cause you care about. CharityCompare never tells you where to donate.

Is The Wave Project a legitimate charity? +

Yes — The Wave Project is a legitimate registered charity (charity number 1163421). Verify it on the official register: https://register-of-charities.charitycommission.gov.uk/en/charity-search/-/charity-details/1163421. Registration proves status; Clarity Score then summarises filing transparency on paper, not programme impact.

What is The Wave Project's charity number? +

The Wave Project's charity number is 1163421. Check that number on the official register (Charity Commission, OSCR or CCNI) or this CharityCompare profile before you donate — scammers sometimes reuse real numbers on fake appeals.

What is The Wave Project's charity rating? +

The Wave Project scores 77 out of 100 on CharityCompare (4 stars — Good). The Clarity Score V1 sums four pillars from UK regulator filings: Accountability & Transparency (40 pts), Financial Health (30), Financial Efficiency (20), and Community Support (10). Stars use the same bands as those labels — 90+ is 5★ Exceptional. It is not an impact ranking.

Does The Wave Project have reviews and complaints? +

CharityCompare does not host public user reviews for The Wave Project. Instead you get a filing-based Clarity Score, cause spend, reserves and red flags such as late accounts. For formal complaints about a charity, contact the Charity Commission, OSCR, CCNI or the Fundraising Regulator as appropriate.

How much of my donation reaches The Wave Project? +

According to its 2025 regulator filing, 94% of The Wave Project's total spending went to charitable activities (3-yr avg across disclosed years). That is the closest official figure to "how much of your donation reaches the cause" — it is an average across all spending in the filing, not a pound-by-pound breakdown of an individual gift.

What are The Wave Project's overheads? +

According to its 2025 regulator filing, fundraising costs were about 4% of total expenditure and combined overheads (fundraising plus governance) were about 6% of total expenditure at The Wave Project. The filings CharityCompare uses do not publish CEO or senior-staff pay, so we cannot say what The Wave Project's chief executive is paid — where disclosure rules apply, senior pay appears in the trustees' annual report on the Charity Commission register.

How much income does The Wave Project receive? +

The Wave Project reported £1.6m total income in its 2025 accounts, based on UK regulator filings. Five-year trend: growing.

Are The Wave Project's accounts up to date? +

Filing status: up to date (last filing 2026-06-24). CharityCompare flags late or missing accounts separately from the financial score.

Where is The Wave Project based? +

The Wave Project is listed at Truro · UK-wide · TR7 1LN and operates UK-wide, focused on disability.

How does CharityCompare score The Wave Project? +

We calculate a Clarity Score of 0–100 from four pillars in The Wave Project's regulator filings: Accountability & Transparency (40 points — filing history, trustees, policies), Financial Health (30 — reserves, income trend, debt), Financial Efficiency (20 — cause spend and fundraising cost, on a graduated scale) and Community Support (10 — volunteer-to-staff ratio). An open statutory inquiry scores 0. The score measures reporting on paper, not programme impact. CharityCompare is free for donors, takes no commission on donations, and scores cannot be bought.

How often is this page updated? +

This profile was last updated on 17 July 2026 from the latest UK regulator data available to CharityCompare, and The Wave Project's most recent accounts cover 2025. Scores and figures refresh whenever we re-ingest the register, so the page reflects our latest data pull rather than a one-off review.