The Nr5 Project
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
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
| Charity | Location | Income |
|---|---|---|
| Lincolnshire Action Trust | Lincoln | £2.8m |
| The Angel Foundation | Plymouth | £2.8m |
| East End Community Foundation | London | £2.8m |
| Involve Northwest | Wirral | £2.8m |