Are CIC’s Charities?
What That Means for Community Support in Okehampton and making the most of your donations.

We’ve had a few questions recently about the difference between Community Interest Companies (CICs) and Charities, so we wanted to help clear things up; especially for those looking to support local causes such as The Okehampton Food Bank.
CICs (Community Interest Companies) aren’t charities. While they do important work and aim to benefit the community, they operate as companies, not charities.
Charities, like The Okehampton Food Bank, register with the Charity Commission and must meet strict requirements for public benefit and charitable purpose. They also qualify for tax reliefs such as Gift Aid. Charities put all money directly into charitable work, with no profits and no shareholders.
CICs follow different regulations. They can pay directors and distribute some profits (within certain limits). Although many CICs carry out fantastic work, they don’t qualify for the same tax benefits as registered charities.
One key difference many donors overlook is that CICs cannot claim Gift Aid on donations. This makes a real impact, when you donate to a CIC, the organisation receives only what you give. But when you donate to a charity like The Okehampton Food Bank, the government adds 25% to your donation through Gift Aid. For example, if you give £100 to a registered charity like ours, the charity receives £125, significantly boosting the vital work we do.
Understanding these differences matters because they determine how your donation is used and what tax advantages apply. When you support a registered charity, your donation goes further, and you can give confidently, knowing the charity operates under strict regulations for public good. This level of oversight ensures transparency and accountability, both essential when helping those in need.
By supporting a registered charity like The Okehampton Food Bank, you help ensure that every penny directly serves the public good, with complete transparency and proper oversight.
If you wish to donate food items, you can find our current list of needed items HERE

