What is the financial size of HOPESPRING?

HOPESPRING is classified as a large charity. In the latest financial year, they reported a total income of £1,854,435 and total expenditure of £1,787,332.

How does HOPESPRING allocate its spending?

For every pound spent, approximately 100.0% goes directly to charitable activities. The remaining 0.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.8%).

What is the workforce structure of HOPESPRING?

HOPESPRING employs 48 staff members and is supported by 5 volunteers.

Does HOPESPRING receive government funding?

To a small extent. Approximately 18.7% of their income comes from government grants or contracts.

Does HOPESPRING pay its trustees?

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

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HOPESPRING

#1183771

CIO•Large•Registered

www.hopespring.info

Hopespring is a charity working throughout tyne and wear that seeks to serve the various educational, physical and mental health needs of the young people in our region. With a highly committed team of trained staff and full time volunteers, we provide support and care for some of the most vulnerable people in society through our people-based interventions.

Registered address

Hopespring, 10 Sea View Road West, SUNDERLAND, SR2 9HA

Latest HighlightsFY 2024

Income

All sources

£1,854,435

Expenditure

All activities

£1,787,332

Net Reserves

Unrestricted funds

£249,499

Total Assets

Gross assets

£599,043

Working Capital

Liquidity

£119,533

Benchmark Performance

Comparing against 8,683 similar large charities

Compare vs:

Reserve Runway

1.7 months

Median: 3.8 monthsAround typical

Income Growth (1yr)

24.3%

Median: 7.4%Top quartile

Spending Efficiency

100.0%

Median: 97.8%Around typical

Income Concentration

100.4%

Median: 87.9%Below typical

Fundraising ROI

N/A

Median: 19.2xUnknown

Income Volatility

11.8%

Median: 20.6%Around typical

Self-Generated Income

98.6%

Median: 82.9%Around typical

3-Year Income CAGR

32.8%

Median: 7.8%Top quartile

Efficiency & Health

Charitable Spending

100%

Fundraising Eff.

% income retained

N/A

Governance Cost

% of expenditure

5.5%

Grant Making

% given away

Debt Ratio

% of assets

43.6%

Survival Ratio

Months of reserves

1.7 months

Income Profile

Donations & Legacies

% of income

1.0%

Government Reliance

% of income

18.7%

Largest Source

Primary income

Charitable Activities

Diversification

HHI: 10041

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

24.3%↑

Income CAGR (3yr)

Compound growth

32.8%

Volatility

Stable

11.8%

Reserves Trend

Direction

Building

Governance

Employees

Staff count

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

0.1:1

Revenue/Employee

Per head

£38,634

Trustee Benefits

Payments to trustees

High Earners

Earning over £60k

Source: Charity Commission annual returns. Figures may differ from published accounts. Always verify with official charity filings for due diligence.

Charts

Income vs Expenditure

Income Sources

Assets vs Liabilities

5 Year Trend

Workforce Scale

Employees & Volunteers

Frequently Asked Questions

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