Hidden Treasure Trust CIO

Analysis

Hidden Treasure Trust CIO is a registered charity in England and Wales, based in Manchester. It was registered in September 2022, 4 years ago. Its declared purposes cover disability, the prevention or relief of poverty, religious activities and economic/community development/employment, which this site groups under disability. Legally it is a charitable incorporated organisation (CIO). It says it provides buildings/facilities/open space, provides services and provides advocacy/advice/information.

In the financial year ending June 2024, Hidden Treasure Trust CIO reported income of £768k and spending of £861k, spending 112% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from £484k to £768k (+59%), an average of +59% a year. The sharpest change came in the year to June 2024, when income rose by 59%. Over the whole period it spent 97% of the income it received.

Among 12,871 England and Wales charities whose main cause is disability and that reported income, Hidden Treasure Trust 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 92nd percentile. Charities of a similar size with the same main cause include Merton Mencap (£767k), Disability Support Project (£769k) and St Werburghs City Farm (£765k).

In its latest detailed accounts, income came from donations and legacies 61% and charitable activities 39%. Charitable activities took 97% of spending and raising funds 2.5%. It employed 45 people.