MIXED REPORTING FROM HOMELESS GIANT

This is one of London's biggest, and quietest, homelessness charities. A big chunk of its income comes from government, but it says it needs extra cash to run unconventional projects like a scheme to get ex-homeless people back into work through training. Apart from this, it provides a range of hostels and housing schemes (see box, right). 2006/7 saw continuing financial difficulties, with several projects closed because of a lack of funds. An outstanding annual review stacked full of info is let down by a confusing and vague annual report.

Are you from this charity? Have your say.

QUALITY OF REPORTING

What is this? 		58%
How much info does the charity want to share? This score, taken from our search for 43 key points in the annual report, gives the answer. Top mark is 100%. Anything over 70% is a good effort.

SIZE OF CHARITY...

What is this? 		Large
We only profile the largest charities in England & Wales, and our sizes are relative to the largest and smallest among them. So where we describe a charity as 'Small', it is still much larger than the national average.

HIGHEST SALARY

What is this? 		£80k to £99k
Taken from the vague bandings given in annual reports; note that 'Under £60k' could be £9k or £59k. Nonetheless the number of bars should roughly correlate with the 'Size of charity' bars.

RESERVES WOULD LAST...

What is this? 		3 months
If income dried up, how long could work continue? 3-12 months is normal. Less may be precarious. 12+ months may be over-cautious (or if very high, may represent the value of the charity's property).

ETHICAL INVESTMENT POLICY

What is this? 		Unknown
We asked the charity if it has an ethical investment policy. If yes, it gets an angel. Those with no policy but which don't invest in tobacco/arms get a halo. Those without investments, or who didn't respond, appear neutral. Those with stakes in arms/tobacco get a fallen angel.
We take no cut
visit the charity's donation page

Reviewed: 2007-12-19     Accounts ending: 2007-03-31

Login or register to comment
Email this page
Print this page

IN SHORT

Who/what it helps

  • Homeless people
  • People at risk of becoming homeless

Where

  • London

Providing

  • Hostels
  • Education
  • Supported housing
  • Skills training
  • Lobbying and influencing government on homelessness issues

IF YOU LIKE THIS CHARITY
YOU MIGHT LIKE...

VITAL STATISTICS

ANNUAL EXPENDITURE
£42,900,000
What is this?
Of all the charities we profile...
- Less than £1m is tiny
- £1m to £5m is small
- £6m to £10m is medium
- £11m to £50m is large
- Above that is very rare
SPENT ON CHARITABLE WORK
93%
The rest usually goes into raising more income. A little covers legal requirements.


Login or register to comment


Post new comment

The content of this field is kept private and will not be shown publicly.