READ ACADEMY EDUCATION logo

READ ACADEMY EDUCATION

#1156203
Charitable companyLargeRegistered
http://www.readacademy.co.uk

Primary education

Areas of operation

Registered address

98 Park Avenue, Barking, IG11 8QX

Latest HighlightsFY 2024

Income

All sources

£1,201,499
Expenditure

All activities

£1,138,317
Net Reserves

Unrestricted funds

£307,954
Total Assets

Gross assets

£695,250
Working Capital

Liquidity

£274,170

Benchmark Performance

Comparing against 8,683 similar large charities

Compare vs:
Reserve Runway
3.2 months
Median: 3.8 monthsAround typical
Income Growth (1yr)
11.9%
Median: 7.4%Around typical
Spending Efficiency
100.0%
Median: 97.8%Around typical
Income Concentration
100.0%
Median: 87.9%Below typical
Fundraising ROI
N/A
Median: 19.2xUnknown
Income Volatility
13.3%
Median: 20.6%Around typical
Self-Generated Income
100.0%
Median: 82.9%Top quartile
3-Year Income CAGR
9.8%
Median: 7.8%Around typical

Efficiency & Health

Charitable Spending
100%
Fundraising Eff.

% income retained

N/A
Governance Cost

% of expenditure

0.1%
Grant Making

% given away

0%
Debt Ratio

% of assets

22.2%
Survival Ratio

Months of reserves

3.2 months

Income Profile

Donations & Legacies

% of income

0%
Government Reliance

% of income

0%
Largest Source

Primary income

Charitable Activities
Diversification

HHI: 10000

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

11.9%
Income CAGR (3yr)

Compound growth

9.8%
Volatility

Stable

13.3%
Reserves Trend

Direction

Depleting

Governance

Employees

Staff count

34
Volunteers

Volunteer count

0
Volunteer Ratio

Per staff member

0:1
Revenue/Employee

Per head

£35,338
Trustee Benefits

Payments to trustees

Yes
High Earners

Earning over £60k

2.9%

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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