What is the financial size of THE SPIRES CENTRE?

THE SPIRES CENTRE is classified as a medium charity. In the latest financial year, they reported a total income of £623,687 and total expenditure of £596,514.

How does THE SPIRES CENTRE allocate its spending?

For every pound spent, approximately 99.6% goes directly to charitable activities. The remaining 0.4% is spent on raising funds and administration. This is higher than the median for similar-sized charities (98.5%).

What is the workforce structure of THE SPIRES CENTRE?

THE SPIRES CENTRE employs 11 staff members and is supported by 30 volunteers.

Does THE SPIRES CENTRE receive government funding?

To a small extent. Approximately 5.4% of their income comes from government grants or contracts.

Does THE SPIRES CENTRE pay its trustees?

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

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THE SPIRES CENTRE

#1076888

Charitable company•Medium•Registered

www.spires.org.uk

Spires is a center for homeless and disadvantaged people. We aim to provide options that allow service users to gain stability in their lives. Services include a rough sleeper's space, showers, clothing, food, women's group, drug and alcohol work, adult learning, mental health support, optician, nurse, dentist, chiropodist, resettlement, tenancy support, outreach, advocacy and emotional support.

Registered address

Spires, 2nd Floor, 5 Stockwell Mews, London, SW9 9GX

Latest HighlightsFY 2024

Income

All sources

£623,687

Expenditure

All activities

£596,514

Net Reserves

Unrestricted funds

£266,825

Total Assets

Gross assets

£362,761

Working Capital

Liquidity

£266,212

Benchmark Performance

Comparing against 42,435 similar medium charities

Compare vs:

Reserve Runway

5.4 months

Median: 4.3 monthsAround typical

Income Growth (1yr)

7.4%

Median: 1.4%Around typical

Spending Efficiency

99.6%

Median: 98.5%Around typical

Income Concentration

84.7%

Median: 86.5%Around typical

Fundraising ROI

253.0x

Median: 22.7xTop quartile

Income Volatility

11.7%

Median: 17.9%Around typical

Self-Generated Income

8.4%

Median: 41.9%Around typical

3-Year Income CAGR

-4.8%

Median: 1.6%Around typical

Efficiency & Health

Charitable Spending

99.6%

Fundraising Eff.

% income retained

253.0%

Governance Cost

% of expenditure

Grant Making

% given away

Debt Ratio

% of assets

12.7%

Survival Ratio

Months of reserves

5.4 months

Income Profile

Donations & Legacies

% of income

91.6%

Government Reliance

% of income

5.4%

Largest Source

Primary income

Donations & Legacies

Diversification

HHI: 8467

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

7.4%↑

Income CAGR (3yr)

Compound growth

-4.8%

Volatility

Stable

11.7%

Reserves Trend

Direction

Building

Governance

Employees

Staff count

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

2.7:1

Revenue/Employee

Per head

£56,699

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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