POWER TO CHANGE TRUST

Registered charity 1159982 · accounts filings on the Charity Commission register

Power to Change is an independent charitable trust endowed with £150m from the Big Lottery Fund to address social need by giving grants to, and supporting community businesses, throughout England.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£3.0m
Latest spending
£4.7m
Registered
2015
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total expenditure decreased to £4.68m in 2024, with no fundraising costs incurred. The charity holds significant unrestricted reserves of £13.687m, which the trustees determined were sufficient to meet future needs and continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Fundraising cost ratio: 0.0% of fundraised income, as disclosed
“Our 2024 expenditure was entirely in relation to charitable activities with no fundraising element in this year.” — page 29
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: PTC Renewable Energy Ltd
“Power to Change has one subsidiary company: PTC Renewable Energy Ltd.” — page 33
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith LLP. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£3.0m
Total spending
£4.7m
Reserves (reported)
£0
Employees
23

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (68% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£3.0m£4.7m
31/12/2023£6.8m£9.0m
31/12/2022£7.2m£11.8m
31/12/2021£5.7m£15.9m
31/12/2020£10.6m£39.9m

Common questions

Is POWER TO CHANGE TRUST financially healthy?

Per its FY2024 accounts: The accounts state that total expenditure decreased to £4.68m in 2024, with no fundraising costs incurred. The charity holds significant unrestricted reserves of £13.687m, which the trustees determined were sufficient to meet future needs and continue as a going concern. Its FY2024 accounts were audited by Moore Kingston Smith LLP.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund09/01/2015£149.2mPower to Change Trust
The National Lottery Community Fund09/04/2014£530kPower to change

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE SEA CHANGE TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
POWER TO CHANGE TRUST£3.0m——above0.0%no doubt
THE SEA CHANGE TRUST FY2024£413k—0within—no doubt
BIG CHANGE CHARITABLE TRUST FY2025£2.2m——above—no doubt
CIVIC POWER FUND FY2025£3.4m——within—no doubt
POWER TO LIVE FOUNDATION FY2025£111k—0unclear—no doubt
CHANGE PLEASE FOUNDATION FY2025£1.6m—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.