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The Literacy Pirates Limited logo

The Literacy Pirates Limited

#1145115
Charitable company•Large•Registered
www.literacypirates.org

The literacy pirates develops literacy, confidence and perseverance among young people who are falling behind at school and who have fewer opportunities. We do that through providing extra adult attention, the chance to work on real-world publishing projects and extra reading support. Activities take place in our unconventional out-of-school learning environments, in hackney and online.

What they do

Education/training

How they help

Provides Services

Areas of operation

Throughout London

Registered address

Literacy Pirates, 138 Kingsland High Street, Dalston, London, E8 2NS

Latest HighlightsFY 2024

Income

All sources

£1,052,819
Expenditure

All activities

£1,148,728
Net Reserves

Unrestricted funds

£544,205
Total Assets

Gross assets

£1,015,681
Working Capital

Liquidity

£668,492

Benchmark Performance

Comparing against 8,683 similar large charities

Compare vs:
Reserve Runway
5.7 months
Median: 3.8 monthsAround typical
Income Growth (1yr)
0.5%
Median: 7.4%Around typical
Spending Efficiency
84.6%
Median: 97.8%Below typical
Income Concentration
81.6%
Median: 87.9%Around typical
Fundraising ROI
6.0x
Median: 19.2xAround typical
Income Volatility
12.3%
Median: 20.6%Around typical
Self-Generated Income
9.6%
Median: 82.9%Below typical
3-Year Income CAGR
5.9%
Median: 7.8%Around typical

Efficiency & Health

Charitable Spending
84.6%
Fundraising Eff.

% income retained

6.0%
Governance Cost

% of expenditure

0.7%
Grant Making

% given away

0%
Debt Ratio

% of assets

25.7%
Survival Ratio

Months of reserves

5.7 months

Income Profile

Donations & Legacies

% of income

90.0%
Government Reliance

% of income

4.6%
Largest Source

Primary income

Donations & Legacies
Diversification

HHI: 8159

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

0.5%↑
Income CAGR (3yr)

Compound growth

5.9%
Volatility

Stable

12.3%
Reserves Trend

Direction

Depleting

Governance

Employees

Staff count

26
Volunteers

Volunteer count

380
Volunteer Ratio

Per staff member

14.6:1
Revenue/Employee

Per head

£40,493
Trustee Benefits

Payments to trustees

No
High Earners

Earning over £60k

3.8%

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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