Truemart Limited

Analysis

Truemart Limited is a registered charity in England and Wales, based in London. It was registered in February 2002, 24 years ago. Its declared purposes cover the prevention or relief of poverty and religious activities, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 01798233). It says it makes grants to organisations.

In the financial year ending March 2025, Truemart Limited reported income of £133k and spending of £139k, spending 105% of its income. Across the 5 years on record, from March 2021 to March 2025, income fell from £263k to £133k (-49%), an average of -16% a year. The sharpest change came in the year to March 2024, when income rose by 43%. Over the whole period it spent 94% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Truemart Limited sits at the 70th percentile: it is larger than about 70% of them. Against every charity in England and Wales with reported income it ranks in the 75th percentile. Charities of a similar size with the same main cause include Azuko (£133k), The Parochial Church Council of the Ecclesiastical Parish of All Saints, Bedford (£133k) and The Redeemed Christian Church of God Christ Church City of Mercy Limited (£133k).

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.