The Millennium Trust

Analysis

The Millennium Trust is a registered charity in England and Wales, based in London. It was registered in December 1999, 27 years ago. Its declared purposes cover general charitable purposes and education/training, which this site groups under education and training. Legally it is a charitable trust. It says it makes grants to individuals and makes grants to organisations.

In the financial year ending December 2025, The Millennium Trust reported income of £2.8m and spending of £2.2m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2021 to December 2025, income fell from £5.7m to £2.8m (-50%), an average of -16% a year. The sharpest change came in the year to December 2023, when income rose by 185%. Over the whole period it spent 93% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, The Millennium Trust sits at the 96th percentile: it is larger than about 96% of them. Against every charity in England and Wales with reported income it ranks in the 97th percentile. Charities of a similar size with the same main cause include North West Training Council (£2.8m), Chiltern Nursery and Training College (£2.8m) and Care & Repair Cymru 2015 (£2.8m).

In its latest detailed accounts, income came from investments 100%. Charitable activities took 98% of spending and raising funds 0.0%. Grants to other organisations totalled £2.2m. Reserves of £4.6m would cover about 24 months of spending at that rate.