David Riddell Memorial CIO

Analysis

David Riddell Memorial CIO is a registered charity in England and Wales, based in Abingdon. It was registered in November 2021, 5 years ago. Its declared purposes cover general charitable purposes, which this site groups under grant-making and general purposes. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to organisations.

In the financial year ending March 2025, David Riddell Memorial CIO reported income of £958k and spending of £986k, spending 103% of its income. Across the 3 years on record, from March 2023 to March 2025, income grew from £730k to £958k (+31%), an average of +15% a year. The sharpest change came in the year to March 2024, when income rose by 32%. Over the whole period it spent 81% of the income it received.

Among 5,976 England and Wales charities whose main cause is grant-making and general purposes and that reported income, David Riddell Memorial 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 94th percentile. Charities of a similar size with the same main cause include The Maggie Oliver Foundation (£955k), Remedy Trust (£959k) and Saint Martin's Trust (£954k).

In its latest detailed accounts, income came from donations and legacies 97% and investments 3.3%. Charitable activities took 100% of spending and raising funds 0.0%. Grants to other organisations totalled £819k.