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The Nr5 Project

RegisteredRegistered charity number 1103200NorwichPoverty relief
Income£2.8m2025-08-31
Spending£2.6msame year
Spent / received94%5-year average
Size in its cause97th pctPoverty relief
Registered2004Charitable company
Employees62latest return

Analysis

The Nr5 Project is a registered charity in England and Wales, based in Norwich. It was registered in April 2004, 22 years ago. Its declared purposes cover general charitable purposes, education/training, the prevention or relief of poverty and economic/community development/employment, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 04358690). It says it provides buildings/facilities/open space, provides services and provides advocacy/advice/information.

In the financial year ending August 2025, The Nr5 Project reported income of £2.8m and spending of £2.6m, spending 94% of its income. Across the 5 years on record, from August 2021 to August 2025, income grew from £2.0m to £2.8m (+40%), an average of +8.7% a year. The sharpest change came in the year to August 2023, when income rose by 25%. 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, The Nr5 Project sits at the 97th percentile: it is larger than about 97% 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 Lincolnshire Action Trust (£2.8m), The Angel Foundation (£2.8m) and East End Community Foundation (£2.8m).

In its latest detailed accounts, income came from charitable activities 98%. Charitable activities took 99% of spending and raising funds 0.0%. Reserves of £455k would cover about 2 months of spending at that rate. It employed 62 people.

Income and spending

£0£736k£1.5m£2.2m£2.9m2021 Income: £1,991,0092021 Spending: £1,974,93920212022 Income: £2,346,1452022 Spending: £2,283,20020222023 Income: £2,943,9182023 Spending: £2,696,59720232024 Income: £2,731,3552024 Spending: £2,514,01720242025 Income: £2,778,4992025 Spending: £2,610,7782025
IncomeSpending

Where the income comes from

  • Donations 0.8%
  • Charitable activities 98%
  • Trading 0.4%
  • Investments 0.9%

In the charity's own words

Future Projects is a registered charity that aims to address severe and multiple deprivation in Norfolk by providing high quality, community-based services which promote employment, education, health, skills, physical and mental wellbeing and improved life chances.

Similar-sized charities, same cause

CharityLocationIncome
Lincolnshire Action TrustLincoln£2.8m
The Angel FoundationPlymouth£2.8m
East End Community FoundationLondon£2.8m
Involve NorthwestWirral£2.8m