The Shanklin Chine Trust

Analysis

The Shanklin Chine Trust is a registered charity in England and Wales, based in Shanklin. It was registered in July 2017, 9 years ago. Its declared purposes cover education/training and arts/culture/heritage/science, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 03463908). It says it provides buildings/facilities/open space.

In the financial year ending February 2024, The Shanklin Chine Trust reported income of £662k and spending of £600k, spending 91% of its income. Across the 4 years on record, from February 2021 to February 2024, income grew from £301k to £662k (+120%), an average of +30% a year. The sharpest change came in the year to February 2022, when income rose by 107%. Over the whole period it spent 95% of the income it received.

Among 17,634 England and Wales charities whose main cause is arts, culture, heritage and science and that reported income, The Shanklin Chine Trust sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in England and Wales with reported income it ranks in the 92nd percentile. Charities of a similar size with the same main cause include The Association for Music in International Schools (£659k), The Literary and Philosophical Society of Newcastle-Upon-Tyne (£662k) and Safe Ground (£659k).

In its latest detailed accounts, income came from charitable activities 88% and donations and legacies 12%. Charitable activities took 99% of spending and raising funds 0.0%. Reserves of £171k would cover about 3 months of spending at that rate. It employed 6 people.

Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue.