What is the financial size of OPEN COLLEGE NETWORK LONDON REGION?

OPEN COLLEGE NETWORK LONDON REGION is classified as a large charity. In the latest financial year, they reported a total income of £1,940,291 and total expenditure of £1,938,255.

How does OPEN COLLEGE NETWORK LONDON REGION 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 OPEN COLLEGE NETWORK LONDON REGION?

OPEN COLLEGE NETWORK LONDON REGION employs 25 staff members and is supported by 0 volunteers.

Does OPEN COLLEGE NETWORK LONDON REGION receive government funding?

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Does OPEN COLLEGE NETWORK LONDON REGION pay its trustees?

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

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OPEN COLLEGE NETWORK LONDON REGION

#1034750

Charitable company•Large•Registered

www.ocnlondon.org.uk

Supports learning and widening participation through offering qualifications and accreditation for courses for adults and young people.

Registered address

Open College Network London Region, 70 Gracechurch Street, LONDON, EC3V 0HR

Latest HighlightsFY 2024

Income

All sources

£1,940,291

Expenditure

All activities

£1,938,255

Net Reserves

Unrestricted funds

£910,339

Total Assets

Gross assets

£1,145,482

Working Capital

Liquidity

£280,361

Benchmark Performance

Comparing against 8,683 similar large charities

Compare vs:

Reserve Runway

5.6 months

Median: 3.8 monthsAround typical

Income Growth (1yr)

11.0%

Median: 7.4%Around typical

Spending Efficiency

100.0%

Median: 97.8%Around typical

Income Concentration

92.7%

Median: 87.9%Around typical

Fundraising ROI

N/A

Median: 19.2xUnknown

Income Volatility

9.0%

Median: 20.6%Top quartile

Self-Generated Income

96.3%

Median: 82.9%Around typical

3-Year Income CAGR

5.4%

Median: 7.8%Around typical

Efficiency & Health

Charitable Spending

100%

Fundraising Eff.

% income retained

N/A

Governance Cost

% of expenditure

1.6%

Grant Making

% given away

Debt Ratio

% of assets

20.5%

Survival Ratio

Months of reserves

5.6 months

Income Profile

Donations & Legacies

% of income

Government Reliance

% of income

Largest Source

Primary income

Charitable Activities

Diversification

HHI: 9272

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

11.0%↑

Income CAGR (3yr)

Compound growth

5.4%

Volatility

Stable

9.0%

Reserves Trend

Direction

Building

Governance

Employees

Staff count

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

0:1

Revenue/Employee

Per head

£77,612

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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