If Elon Musk Did Charity Law Perhaps

Each month we look at how new charities and third sector bodies are set up.

We collate this information into a graph to illustrate trends. Here are the latest findings:-

Here are some key 'takeaways':-

SCIOs are increasingly popular... and appear to be taking 'market share' from companies. Behind the statistics, SCIOs are used for a range of charities from grant-giving foundations, to community groups through to service providers and charities undertaking a capital project. Trusts are almost unheard of now for new charities. We struggle to readily identify a situation in which a new charity would wish to use a trust. CICs have a certain popularity. But they might not always be the 'right' solution for social enterprise as they are often trailed. Charities can be commercial. Sadly, unincorporated associations remain used as the vehicle for...