Finance Score: 1
Governance Score: 9
Support Score: 3
  • Low unrestricted reserves: -2
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +3
Overall GiG Score: 13 ?

RENEWABLE WORLD 

Overview

Renewable World work with a network of local partners and remote energy-poor communities to develop clean, affordable, and innovative renewable energy solutions that service families living without any means of safe and reliable power. These include solar devices, water pumps, biogas recycling and clean cooking stoves, and are locally sourced and small scale so communities can access them long term.

Their major base of projects is in Nepal, where their effective programme team are transforming communities by providing partners with a combination of funding, capacity building and knowledge sharing that enhance implementation.

Sustained growth has been supported by their corporate carbon offsetting programme and aided progress in strategic goals. Involvement of local governments in continued growth will be key as they reach even further to impact the most remote rural communities in the future.

Source: Giving is Great

Mission:

To develop and deploy effective ways of bringing renewable energy at scale to poor communities, empowering them to achieve sustainable and resilient livelihoods
Analysis by Giving is Great

Positives:

  • The charity has received backing from a grant maker
  • There have been no material income shortfalls in recent years
  • Fundraising costs are low relative to funds raised
  • The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

  • Unrestricted reserves appear to be dangerously low at the latest year end

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
31/03/23£1,877£1,704£173£171£1,212£3872.72910
31/03/22£3,426£3,130£296£150£1,065£3991.52616
31/03/21£1,780£1,471£309£135£770£1571.3218
31/03/20£1,016£886£130£166£465£1221.71415
31/03/19£763£752£11£199£341£981.61612
31/03/18£750£808£-59£176£328£1251.9160
31/03/17£837£865£-28£190£398£1111.5170
31/03/16£704£625£80£164£423£1192.3130
31/03/15£597£492£105£119£346£1092.780
31/03/14£458£329£129£0£0£0n/a00
31/03/13£577£702£-125£134£112£540.990
31/03/12£573£524£49£148£240£1533.560
31/03/11£385£331£53£0£0£0n/a00
31/03/10£283£201£83£0£0£0n/a00
31/03/09£84£80£4£0£0£0n/a00
31/03/08£81£31£50£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 9.2%
Fundraising Costs/Total Spending: 10.1%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 7%
Liabilities/Income: 5%
Unrestricted Funds/Total Funds: 32%
Reserves/Spending: 2.7 months
Net Current Assets/Spending: 8 months
Quick Ratio: 10.3
Asset Split ?
Comment: Their most significant income stream is from Octopus Energy (a major UK energy retailer specialising in clean electricity supply). With expert carbon offsetting partners, they curate a portfolio of projects to offset thousands of tonnes of carbon generated by Octopus Super Green Gas Tariff customers. The funds produced from this work are then distributed to Renewable World projects.

Source: Giving is Great

Established: 17 years

www.renewable-world.org

getintouch@renewable-world.org

01273076050

Charity Commission for England and WalesCompanies HouseFacebookInstagramXYouTube
UN SDGs
?
How you can help
What it does
Renewable World tackles poverty through renewable energy. It works in East Africa and South Asia to promote affordable reliable energy services for poor consumers to improve income generation, enterprise development, health & education. Our unique relationship with the Renewable Energy industry allows us to leverage skills, expertise and resources to support and develop our work.
Listed activities
  • Economic/Community Development/Employment
  • Education/Training
  • Environment/Conservation/Heritage
  • Overseas Aid/Famine Relief
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Climate emergency
How it operates
  • Acts as an umbrella or resource body
  • Makes Grants to Organisations
  • Other charitable activities
  • Provides advocacy/advice/information
  • Provides human resources
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Brighton And Hove, Kenya, Nepal, Tanzania,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • The General Public/Mankind

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months
To be used for
The EQ Foundation - Grant to RENEWABLE WORLD
£25,000 15/02/2022
Big Give Champion Pledge
Dulverton Trust - Improving livelihoods of fishing communities
£35,000 14/02/2018
Improving livelihoods of fishing communities
Dulverton Trust - renewable energy hubs by Lake Victoria
£35,000 11/02/2016
renewable energy hubs by Lake Victoria
National Lottery Community Fund - Solar MUS for Sustainable Livelihoods
£504,688 31/10/2014
36
Not Available
National Lottery Community Fund - Solar MUS for Sustainable Livelihoods
£14,356 18/12/2013
9
Solar MUS for Sustainable Livelihoods

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (12)
Current Trustees appointed
Gender Split

Age Range of Trustees: 34-70
Legal constitution
  • Charitable company registered in England & Wales on 04/06/2007, number: 1119467
  • Registered at Companies House on 22/11/2006, number: 06005778
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
16 returns made; all on time
Main office

1st & 2nd Floor Offices
161 Edward Street
BRIGHTON
BN2 0JB

Objectives

3.1 TO RELIEVE POVERTY;3.2. THE PRESERVATION, CONSERVATION AND PROTECTION OF THE ENVIRONMENT BY THE REDUCTION OF CARBON EMISSIONS AND THE PRUDENT USE OF NATURAL RESOURCES; AND3.3 TO ADVANCE THE EDUCATION OF THE PUBLIC AND INTERESTED PARTIES IN EFFECTIVE REDUCTION OF GREENHOUSE GASSES, THE EFFECTS OF CLIMATE CHANGE, AND SUSTAINABLE SOLUTIONS TO PROBLEMS ARISING FROM CLIMATE CHANGE, AND TO PROMOTE AND CARRY OUT FOR THE PUBLIC BENEFIT RESEARCH INTO SUCH ISSUES AND TO PUBLISH AND WIDELY DISSEMINATE THE USEFUL RESULTS OF SUCH RESEARCH

Defined Area of Benefit:

NATIONAL AND OVERSEAS

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase

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