British Gas Energy Trust

Analysis

British Gas Energy Trust is a registered charity in England and Wales, based in London. It was registered in August 2018, 8 years ago. Its declared purposes cover general charitable purposes, education/training and the prevention or relief of poverty, which this site groups under poverty relief. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to individuals and makes grants to organisations.

In the financial year ending March 2025, British Gas Energy Trust reported income of £15.8m and spending of £16.6m, spending 105% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £6.0m to £15.8m (+163%), an average of +27% a year. The sharpest change came in the year to March 2023, when income rose by 200%. Over the whole period it spent 90% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, British Gas Energy Trust sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include International Alert (£15.5m), Big Help Project (£15.8m) and The Universal Church of the Kingdom of God (£15.4m).

In its latest detailed accounts, income came from donations and legacies 99% and investments 1.4%. Charitable activities took 96% of spending and raising funds 0.0%. Grants to other organisations totalled £6.8m. Reserves of £6.2m would cover about 4 months of spending at that rate. It employed 19 people.