Bromley Third Sector Enterprise CIO

Analysis

Bromley Third Sector Enterprise CIO is a registered charity in England and Wales, based in Bromley. It was registered in November 2020, 6 years ago. Its declared purposes cover the advancement of health or saving of lives and disability, which this site groups under health and saving lives. Legally it is a charitable incorporated organisation (CIO). It says it acts as an umbrella or resource body.

In the financial year ending March 2025, Bromley Third Sector Enterprise CIO reported income of £2.8m and spending of £2.7m, spending 97% of its income. Across the 4 years on record, from March 2022 to March 2025, income fell from £3.4m to £2.8m (-16%), an average of -5.8% a year. The sharpest change came in the year to March 2023, when income dropped by 22%. Over the whole period it spent 98% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Bromley Third Sector Enterprise CIO sits at the 95th percentile: it is larger than about 95% 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 Severn Arts (£2.8m), Re-Engage Ltd (£2.8m) and Family Society (£2.8m).

In its latest detailed accounts, income came from charitable activities 97% and donations and legacies 3.3%. Gifts in wills alone brought in £94k. Charitable activities took 99% of spending and raising funds 0.0%. Reserves of £158k would cover about 1 months of spending at that rate. It employed 4 people.