This is a charity established with the express intent of renovating the Drill Hall for the use of the Islanders, and also of enhancing the social, economic and environmental fabric of the community. The Island has in total 57 inhabited houses, of which 25 are occupied by permanent residents. A further 27 are second homes of people who regularly visit at weekends or holidays. Many of the latter have been in the same family for many generations, since the Island's industrial heyday. Three houses are used for holiday letting and belong to people who rarely visit the Island.
All residential property is freehold and owned mainly by the occupiers.
The major part of the Island which is not occupied by housing has been owned since 1985 by Mr Clive Feigenbaum who resides in England. At the present time there are 60 permanent residents, of whom 13 are children of school age or younger. There is a well-balanced spread of ages, as shown in figure 1. More than half the population is aged between 20 and 60, and only 22 per cent are older than 60. This is unlike many communities in similar circumstances which often have a large number of retired people, and demonstrates a good basis for future sustainability.