FC Bluestar Community Foundation CIO

Analysis

FC Bluestar Community Foundation CIO is a registered charity in England and Wales, based in Manchester. It was registered in July 2019, 7 years ago. Its declared purposes cover amateur sport and economic/community development/employment, which this site groups under amateur sport and recreation. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to organisations and provides services.

In the financial year ending August 2023, FC Bluestar Community Foundation CIO reported income of £190k and spending of £190k, spending 100% of its income. Across the 3 years on record, from August 2021 to August 2023, income grew from £84k to £190k (+127%), an average of +51% a year. The sharpest change came in the year to August 2022, when income rose by 65%. Over the whole period it spent 104% of the income it received.

Among 12,174 England and Wales charities whose main cause is amateur sport and recreation and that reported income, FC Bluestar Community Foundation CIO sits at the 91st percentile: it is larger than about 91% of them. Against every charity in England and Wales with reported income it ranks in the 80th percentile. Charities of a similar size with the same main cause include Aek-Boco FC Limited (£190k), Foakes for Recreation Ground (£190k) and Waterlooville Area Community Association CIO (£190k).

Data notes from the register: The regulator lists this charity as in double default: it has missed the deadline for its annual return or accounts in two or more successive years. Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.