What is the financial size of The Switch Charity Limited?

The Switch Charity Limited is classified as a large charity. In the latest financial year, they reported a total income of £1,152,395 and total expenditure of £1,048,623.

How does The Switch Charity Limited 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 The Switch Charity Limited?

The Switch Charity Limited employs 18 staff members and is supported by 2,500 volunteers.

Does The Switch Charity Limited receive government funding?

To a small extent. Approximately 2.2% of their income comes from government grants or contracts.

Does The Switch Charity Limited 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 Switch Charity Limited

#1040962

Charitable company•Large•Registered

www.theswitch.org

The object for which the company is established is the advancement of the education and training of children and young people resident in the uk, in particular by equipping them for employment in commerce, business and industry (the "objects").

Registered address

The Switch Charity Limited, Norvin House, 45-55 Commercial Street, LONDON, E1 6BD

Latest HighlightsFY 2024

Income

All sources

£1,152,395

Expenditure

All activities

£1,048,623

Net Reserves

Unrestricted funds

£715,613

Total Assets

Gross assets

£1,503,112

Working Capital

Liquidity

£938,295

Benchmark Performance

Comparing against 8,683 similar large charities

Compare vs:

Reserve Runway

8.2 months

Median: 3.8 monthsAround typical

Income Growth (1yr)

5.8%

Median: 7.4%Around typical

Spending Efficiency

100.0%

Median: 97.8%Around typical

Income Concentration

90.9%

Median: 87.9%Around typical

Fundraising ROI

N/A

Median: 19.2xUnknown

Income Volatility

8.6%

Median: 20.6%Top quartile

Self-Generated Income

98.3%

Median: 82.9%Around typical

3-Year Income CAGR

8.3%

Median: 7.8%Around typical

Efficiency & Health

Charitable Spending

100%

Fundraising Eff.

% income retained

N/A

Governance Cost

% of expenditure

1.2%

Grant Making

% given away

Debt Ratio

% of assets

24.2%

Survival Ratio

Months of reserves

8.2 months

Income Profile

Donations & Legacies

% of income

1.7%

Government Reliance

% of income

2.2%

Largest Source

Primary income

Charitable Activities

Diversification

HHI: 9090

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

5.8%↑

Income CAGR (3yr)

Compound growth

8.3%

Volatility

Stable

8.6%

Reserves Trend

Direction

Building

Governance

Employees

Staff count

Volunteers

Volunteer count

2,500

Volunteer Ratio

Per staff member

138.9:1

Revenue/Employee

Per head

£64,022

Trustee Benefits

Payments to trustees

High Earners

Earning over £60k

5.6%

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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