The East Looe Town Trust
Analysis
The East Looe Town Trust is a registered charity in England and Wales, based in Looe. It was registered in May 2016, 10 years ago. Its declared purposes cover education/training, the prevention or relief of poverty, arts/culture/heritage/science and amateur sport, which this site groups under poverty relief. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to individuals, makes grants to organisations and provides buildings/facilities/open space.
In the financial year ending December 2024, The East Looe Town Trust reported income of £569k and spending of £275k, leaving 52% of income unspent that year. Across the 4 years on record, from December 2021 to December 2024, income grew from £262k to £569k (+117%), an average of +30% a year. The sharpest change came in the year to December 2024, when income rose by 108%. Over the whole period it spent 84% of the income it received.
Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, The East Looe Town Trust sits at the 88th percentile: it is larger than about 88% of them. Against every charity in England and Wales with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include Refreshing Minds (£568k), Women's Engineering Society (£569k) and St Pauls Advice Centre (£568k).
In its latest detailed accounts, income came from donations and legacies 51%, charitable activities 47% and investments 1.6%. Charitable activities took 94% of spending and raising funds 0.0%. Reserves of £39k would cover about 2 months of spending at that rate. It employed 4 people.
Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue.
Income and spending
Where the income comes from
- Donations 51%
- Charitable activities 47%
- Investments 1.6%
In the charity's own words
Management and maintenance of public access land and buildings on behalf of the people of Looe; maintaining and supporting the volunteer run museum; supporting pensioners, disabled persons, children and young people etc. in Looe by the provision of facilities, equipment and/or grants according to need and available resources.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Refreshing Minds | London | £568k |
| Women's Engineering Society | Hertfordshire | £569k |
| St Pauls Advice Centre | Bristol | £568k |
| Southcourt Baptist Church Trust | Aylesbury | £569k |