The Mill Charitable Trust

Analysis

The Mill Charitable Trust is a registered charity in England and Wales, based in London. It was registered in February 2009, 17 years ago. Its declared purposes cover general charitable purposes, the advancement of health or saving of lives and disability, which this site groups under health and saving lives. Legally it is a charitable trust. It says it makes grants to organisations.

In the financial year ending March 2025, The Mill Charitable Trust reported income of £1.1m and spending of £1.6m, spending 144% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £255k to £1.1m (+332%), an average of +44% a year. The sharpest change came in the year to March 2022, when income rose by 314%. Over the whole period it spent 59% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, The Mill Charitable Trust sits at the 90th percentile: it is larger than about 90% of them. Against every charity in England and Wales with reported income it ranks in the 94th percentile. Charities of a similar size with the same main cause include The Mid Yorkshire Hospitals NHS Trust Charitable Fund and Related Charities (£1.1m), The Society for Cardiothoracic Surgery in Great Britain and Ireland (£1.1m) and Heartbeat Northwest Cardiac Care (£1.1m).

In its latest detailed accounts, income came from donations and legacies 99%. Charitable activities took 100% of spending and raising funds 0.0%. Grants to other organisations totalled £1.4m. Reserves of £10.3m would cover about 78 months of spending at that rate.