The Neurokinex Charitable Trust

Analysis

The Neurokinex Charitable Trust is a registered charity in England and Wales, based in Hertfordshire. It was registered in October 2016, 10 years ago. Its declared purposes cover general charitable purposes, education/training, the advancement of health or saving of lives and disability, which this site groups under health and saving lives. 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 October 2024, The Neurokinex Charitable Trust reported income of £310k and spending of £360k, spending 116% of what it took in. Across the 5 years on record, from October 2020 to October 2024, income fell from £523k to £310k (-41%), an average of -12% a year. The sharpest change came in the year to October 2021, when income dropped by 37%. Over the whole period it spent 123% 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 Neurokinex Charitable Trust sits at the 78th percentile: it is larger than about 78% of them. Against every charity in England and Wales with reported income it ranks in the 86th percentile. Charities of a similar size with the same main cause include Waddington Street Centre Limited (£310k), Siloam Christian Ministries Limited (£310k) and The Arts of Change Trust (£310k).

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.