Finance Score: -4

Governance Score: 3

Support Score: 10

Reasonable growth: +1
Volatile income & significant deficit in latest year: -5
No PartB

Gender balanced board: +3

Large volunteers +3
Grant maker support: +7

Overall GiG Score: 9

OPEN HOMES NOTTINGHAM

Services are providing emergency accommodation for young people at risk of becoming homeless and providing an access point for homeless young people.

Analysis by Giving is Great

Positives:

This charity has been successful in attracting volunteers relative to its size
There has been reasonable growth in spending over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of gender

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
Income has been volatile recently and was significantly lower than spending in the latest year

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/22		£45	£59	£-15	n/a	n/a	n/a	n/a	n/a	42
31/12/21		£81	£50	£30	n/a	n/a	n/a	n/a	n/a	61
31/12/20		£61	£49	£12	n/a	n/a	n/a	n/a	n/a	55
31/12/19		£43	£43	£0	n/a	n/a	n/a	n/a	n/a	49
31/12/18		£37	£36	£1	£0	£0	£0	n/a	0	48
31/12/17		£37	£35	£2	£0	£0	£0	n/a	0	0
31/12/16		£83	£126	£-43	£0	£0	£0	n/a	0	0
31/12/15	*	£116	£126	£-10	£0	£0	£0	n/a	0	0
31/12/14	*	£194	£189	£5	£0	£0	£0	n/a	0	0
31/12/13		£186	£213	£-26	£0	£0	£0	n/a	0	0
31/12/12		£404	£405	£-1	£0	£0	£0	n/a	0	0
31/12/11		£389	£397	£-8	£0	£0	£0	n/a	0	0
31/12/10		£404	£432	£-28	£0	£0	£0	n/a	0	0
31/12/09		£403	£418	£-15	£0	£0	£0	n/a	0	0
31/12/08		£320	£436	£-115	£0	£0	£0	n/a	0	0
31/12/07		£401	£301	£100	£0	£0	£0	n/a	0	0
31/12/06		£287	£127	£160	£0	£0	£0	n/a	0	0
31/12/05		£37	£20	£17	£0	£0	£0	n/a	0	0

Show more rows -->

Show financials table -->

Download accounts

Highest pay bracket: less than £60,000

Established: 19 years

www.openhomes.org.uk

admin@openhomes.org.uk

0333 3232 265

Charity Commission for England and Wales

Listed activities

Accommodation/Housing
Economic/Community Development/Employment
General Charitable Purposes

GiG Classification

Community food services

How it operates

Other charitable activities
Provides advocacy/advice/information
Provides services

Where it operates

Nottingham City,

Who it helps

Children/Young People

Who works here?

Unknown number of employees
42 volunteers

Amount	When Months	To be used for
National Lottery Community Fund - Open Homes
£10,000	04/11/2022	The funding will be used to provide emergency accommodation for young people in crisis matching young people with a volunteer host. The project aims to to support them into secure accommodation ....more The funding will be used to provide emergency accommodation for young people in crisis matching young people with a volunteer host. The project aims to to support them into secure accommodation improve their ability to stay at work and or in education and find a route towards independence.
DCMS - Culture Recovery Fund: Continuity Support
£49,000	22/10/2021	To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further ....more To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further funding in order to be able to operate on a viable and sustainable basis by 31 March 2022.
DCMS - Coronavirus Community Support Fund
£10,000	06/08/2020	"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to ....more "The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to operate, thereby reducing the burden on public services.2) To ensure essential services are provided to vulnerable people, both in the short and long term through increased community support through the work of charitable organisations."
Ministry for Housing, Communities and Local Government - MHCLG Homelessness Fund
£10,000	07/05/2020	Organisations supporting homelessness
The Foyle Foundation - Small Grants
£7,000	02/07/2019	towards the Supported Lodgings project offering longer term accomodation with volunteer hosts
LandAid Charitable Trust - Shared Lives
£60,000	26/10/2018 5	Shared Lives will run shared houses with 4-6 bedrooms. The houses will have a supportive community of peer tenants who will live alongside and provide day-to-day support to the homeless young ....more Shared Lives will run shared houses with 4-6 bedrooms. The houses will have a supportive community of peer tenants who will live alongside and provide day-to-day support to the homeless young person/people moving in, in addition to support being provided by an Open Homes worker. The idea is to create a welcoming community to bring a homeless young person into, similar to Nightstop, where young people stay in a host’s home and join in with normal family life whilst there. Having the stable community around them will provide positive peer pressure to encourage them to keep up with rent payments, inspire them to start studying or working, to experience healthy friendships, and improve self-esteem. A rewards system, giving takeaways or trips out to tenants for keeping up with rent and doing chores, will encourage responsibility and reinforce the community feel of the houses.

Amount

When
Months

To be used for

National Lottery Community Fund - Open Homes

£10,000

04/11/2022

The funding will be used to provide emergency accommodation for young people in crisis matching young people with a volunteer host. The project aims to to support them into secure accommodation ....more

DCMS - Culture Recovery Fund: Continuity Support

£49,000

22/10/2021

To support cultural organisations who have received funding from the Culture Recovery Fund: Grants programme, in the first or second rounds, and can clearly demonstrate the financial need for further ....more

DCMS - Coronavirus Community Support Fund

£10,000

06/08/2020

"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to ....more

Ministry for Housing, Communities and Local Government - MHCLG Homelessness Fund

£10,000

07/05/2020

Organisations supporting homelessness

The Foyle Foundation - Small Grants

£7,000

02/07/2019

towards the Supported Lodgings project offering longer term accomodation with volunteer hosts

LandAid Charitable Trust - Shared Lives

£60,000

26/10/2018
5

Shared Lives will run shared houses with 4-6 bedrooms. The houses will have a supportive community of peer tenants who will live alongside and provide day-to-day support to the homeless young ....more

DCMS	£59,000
National Lottery Community Fund	£10,000
Ministry for Housing, Communities and Local Government	£10,000
The Foyle Foundation	£7,000

OPEN HOMES NOTTINGHAM

Analysis by Giving is Great

Positives:

Financial issues to consider:

Financial Data ?

Income & Spending ?

Sources of Income ?

UN SDGs

Listed activities

GiG Classification

How it operates

Where it operates

Who it helps

Who works here?

Who's supporting them? ?

Donations from Grant Makers ?

Major supporters in last 5 years

Specific Donations

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

Age Range of Trustees: 39-58

Legal constitution

Gift Aid

Other Regulators

Policies in force

Filing Record

Recent reorganisation events:

Main office

Objectives

Defined Area of Benefit:

Data Sources

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