Dhamma Centre (Colchester)

Analysis

Dhamma Centre (Colchester) is a registered charity in England and Wales, based in Colchester. It was registered in June 2020, 6 years ago. Its declared purposes cover general charitable purposes, religious activities, arts/culture/heritage/science and economic/community development/employment, which this site groups under religion. Legally it is a charitable incorporated organisation (CIO). It says it provides buildings/facilities/open space and provides services.

In the financial year ending January 2025, Dhamma Centre (Colchester) reported income of £568k and spending of £61k, leaving 89% of income unspent that year. Across the 5 years on record, from January 2021 to January 2025, income grew from £22k to £568k (+2500%), an average of +126% a year. The sharpest change came in the year to January 2025, when income rose by 981%. Over the whole period it spent 25% of the income it received.

Among 20,496 England and Wales charities whose main cause is religion and that reported income, Dhamma Centre (Colchester) sits at the 94th percentile: it is larger than about 94% of them. Against every charity in England and Wales with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include Oakhall Church, Caterham (£567k), South West Essex & Settlement Reform Synagogue (£568k) and Brackley Fox Lane Gospel Hall Trust (£567k).

In its latest detailed accounts, income came from donations and legacies 100%. Charitable activities took 0.0% of spending and raising funds 14%. Reserves of £519k would cover about 102 months of spending at that rate.