What is the financial size of PENNINE MAGPIE?

PENNINE MAGPIE is classified as a large charity. In the latest financial year, they reported a total income of £1,563,729 and total expenditure of £1,549,047.

How does PENNINE MAGPIE 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 PENNINE MAGPIE?

PENNINE MAGPIE employs 41 staff members and is supported by 0 volunteers.

Does PENNINE MAGPIE receive government funding?

Yes. Approximately 97.2% of their income comes from government grants or contracts.

Does PENNINE MAGPIE pay its trustees?

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

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PENNINE MAGPIE

#1147911

Charitable company•Large•Registered

www.magpies.org.uk

To benefit young people and adults with special needs by the provision of training and other facilities to enable such persons to acquire skills, confidence and the infrastructure neccessary for them to live a more independent and fulfilling life within the community.

Registered address

Unit 15 Calderdale Business Park, Club Lane, Halifax, Halifax, West Yorkshire, HX2 8DB

Latest HighlightsFY 2024

Income

All sources

£1,563,729

Expenditure

All activities

£1,549,047

Net Reserves

Unrestricted funds

£1,157,683

Total Assets

Gross assets

£1,387,477

Working Capital

Liquidity

£958,026

Benchmark Performance

Comparing against 8,683 similar large charities

Compare vs:

Reserve Runway

9.0 months

Median: 3.8 monthsAround typical

Income Growth (1yr)

-1.2%

Median: 7.4%Around typical

Spending Efficiency

100.0%

Median: 97.8%Around typical

Income Concentration

189.0%

Median: 87.9%Below typical

Fundraising ROI

N/A

Median: 19.2xUnknown

Income Volatility

42.2%

Median: 20.6%Below typical

Self-Generated Income

99.8%

Median: 82.9%Top quartile

3-Year Income CAGR

42.6%

Median: 7.8%Top quartile

Efficiency & Health

Charitable Spending

100%

Fundraising Eff.

% income retained

N/A

Governance Cost

% of expenditure

0.3%

Grant Making

% given away

Debt Ratio

% of assets

3.3%

Survival Ratio

Months of reserves

9.0 months

Income Profile

Donations & Legacies

% of income

0.2%

Government Reliance

% of income

97.2%

Largest Source

Primary income

Government

Diversification

HHI: 18902

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

-1.2%↓

Income CAGR (3yr)

Compound growth

42.6%

Volatility

High Volatility

42.2%

Reserves Trend

Direction

Building

Governance

Employees

Staff count

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

0:1

Revenue/Employee

Per head

£38,140

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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