Comet Charities Ltd

Analysis

Comet Charities Ltd is a registered charity in England and Wales, based in London. It was registered in June 2003, 23 years ago. Its declared purposes cover education/training and religious activities, which this site groups under religion. Legally it is a charitable company (Companies House number 04323368). It says it makes grants to organisations.

In the financial year ending July 2025, Comet Charities Ltd reported income of £3.2m and spending of £3.1m, spending 97% of its income. Across the 5 years on record, from July 2021 to July 2025, income grew from £2.3m to £3.2m (+41%), an average of +9.0% a year. The sharpest change came in the year to July 2025, when income rose by 36%. Over the whole period it spent 101% of the income it received.

Among 20,496 England and Wales charities whose main cause is religion and that reported income, Comet Charities Ltd sits at the 99th percentile: it is larger than about 99% 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 The Walsingham College Trust Association Ltd (£3.2m), The English Benedictine Order of Oulton Abbey Near Stone, Staffs (£3.3m) and PHGS Foundation Ltd (£3.2m).

In its latest detailed accounts, income came from donations and legacies 100%. Charitable activities took 100% of spending and raising funds 0.0%. Grants to other organisations totalled £3.0m.