Charitable Incorporated Organisation (CIO) or Charitable Company
If you want to be a charity AND want to be incorporated, you need to set up an incorporated charity.
There are two different ways of doing this: you can set up a Charitable Company or a Charitable Incorporated Organisation (CIO).
Either of these structures will allow you to apply for grants that are only available to charities, and to limit the liability of your trustees.
Because you don’t have an open membership, you should choose the Foundation Model if you decide to be a CIO.
Your route so far
Open group? No Workers in control? No Want to be a charity? Yes Need limited liability? Yes