The Oldham Enterprise Trust CIO

Analysis

The Oldham Enterprise Trust CIO is a registered charity in England and Wales, based in Oldham. It was registered in March 2017, 9 years ago. Its declared purposes cover 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 incorporated organisation (CIO). It says it makes grants to individuals, makes grants to organisations and provides services.

In the financial year ending March 2025, The Oldham Enterprise Trust CIO reported income of £44k and spending of £82k, spending 187% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £4,017 to £44k (+993%), an average of +82% a year. The sharpest change came in the year to March 2022, when income rose by 2450%. Over the whole period it spent 200% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, The Oldham Enterprise Trust CIO sits at the 54th percentile: it is larger than about 54% of them. Against every charity in England and Wales with reported income it ranks in the 58th percentile. Charities of a similar size with the same main cause include Reflect Community Church (£44k), Feast (£44k) and The Hive Food Bank (£44k).

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.