Society of the Sacred Heart CIO
Analysis
Society of the Sacred Heart CIO is a registered charity in England and Wales, based in London. It was registered in July 2018, 8 years ago. Its declared purposes cover education/training, the prevention or relief of poverty, religious activities and other charitable purposes, 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 June 2025, Society of the Sacred Heart CIO reported income of £2.4m and spending of £4.4m, spending 183% of what it took in. Across the 5 years on record, from June 2021 to June 2025, income grew from £2.0m to £2.4m (+18%), an average of +4.1% a year. Over the whole period it spent 153% of the income it received.
Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Society of the Sacred Heart CIO sits at the 97th percentile: it is larger than about 97% of them. Against every charity in England and Wales with reported income it ranks in the 97th percentile. Charities of a similar size with the same main cause include Walsingham Trust (£2.4m), Kerith Community Church (£2.4m) and Da'watul Islam UK and Eire Limited (£2.4m).
In its latest detailed accounts, income came from investments 51%, donations and legacies 35% and charitable activities 1.4%. Charitable activities took 99% of spending and raising funds 0.0%. Grants to other organisations totalled £1.3m. Reserves of £2.8m would cover about 8 months of spending at that rate. It employed 59 people.
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.
Income and spending
Where the income comes from
- Donations 35%
- Charitable activities 1.4%
- Investments 51%
- Other 12%
In the charity's own words
THE SUPPORT OF THE MEMBERS OF THE SOCIETY AND THEIR CHARITABLE WORKS; THE ADVANCEMENT OF THE ROMAN CATHOLIC RELIGION; THE ADVANCEMENT OF EDUCATION; THE RELIEF OF POVERTY.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Walsingham Trust | Walsingham | £2.4m |
| Kerith Community Church | Bracknell | £2.4m |
| Da'watul Islam UK and Eire Limited | London | £2.4m |
| R L Glasspool Charity Trust | London | £2.4m |