The TMC Trust Limited

Analysis

The TMC Trust Limited is a registered charity in England and Wales, based in London. It was registered in December 2010, 16 years ago. Its declared purposes cover general charitable purposes, 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 07428770). It says it makes grants to individuals, makes grants to organisations and provides buildings/facilities/open space.

In the financial year ending November 2023, The TMC Trust Limited reported income of £472k and spending of £304k, leaving 36% of income unspent that year. Across the 3 years on record, from November 2021 to November 2023, income grew from £232k to £472k (+103%), an average of +42% a year. The sharpest change came in the year to November 2023, when income rose by 48%. Over the whole period it spent 70% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, The TMC Trust Limited sits at the 87th percentile: it is larger than about 86% of them. Against every charity in England and Wales with reported income it ranks in the 89th percentile. Charities of a similar size with the same main cause include The Marque Foundation (£472k), The Redeemed Christian Church of God - Stillwaters Colchester (£472k) and Manuel Bravo Project (£472k).

Data notes from the register: The regulator lists this charity as in double default: it has missed the deadline for its annual return or accounts in two or more successive years.