Finance Score: 1
Governance Score: 3
Support Score: 4
  • Poor Liquidity: -1
  • Income diversified: +3
  • Strong growth: +2
  • Fundraising costs high: -3
  • Dynamic board: +3
  • Grant maker support: +4
Overall GiG Score: 8 ?

BOOMERANG CARDIFF 

Boomerang Cardiff has been an ongoing project since our inception in 2017. Under the umbrella of our organisation we have 5 key areas.Homelessness/Prevention of homelessness In Work PovertySocial Isolation/LonelinessCommunity Engagement/EducationHealth/Physical Wellbeing
Analysis by Giving is Great

Positives:

  • Income generation is well diversified
  • There has been strong growth in spending over the last 5 years
  • 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 dynamic in terms of composition

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end
  • Fundraising costs are extremely high relative to funds raised
Established: 7 years

www.boomerangcardiff.org.uk

paul@boomerangcardiff.org.uk

02920497724

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
?

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£746£549£197£197£472£370.81790
31/12/21£622£409£214£1£276£431.31720
31/12/20£300£301£-1n/an/an/an/an/a50
31/12/19*£186£173£13n/an/an/an/an/a60
31/12/18£107£66£41£0£0£0n/a060
31/12/17£40£31£9£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 30.9%
Fundraising Costs/Total Spending: 35.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 19%
Liabilities/Income: 15%
Unrestricted Funds/Total Funds: 8%
Reserves/Spending: 0.8 months
Net Current Assets/Spending: 0 months
Quick Ratio: 0.3
Asset Split ?
What it does
  • Accommodation/Housing
  • Amateur Sport
  • Disability
  • Economic/Community Development/Employment
  • General Charitable Purposes
  • Other Charitable Purposes
  • Recreation
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
Who works here?
  • 17 employees
  • 90 volunteers
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • People Of A Particular Ethnic Or Racial Origin
  • People With Disabilities
  • The General Public/Mankind
How it operates
  • Other charitable activities
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Throughout Wales,

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.

Major supporters in last 5 years
National Lottery Community Fund£293,207
Virgin Money Foundation£1,666
Woodward Charitable Trust£1,000
Specific Donations
Amount When
Months
To be used for
National Lottery Community Fund - Empowering communities
£293,207 25/11/2021
36
Boomerang Cardiff will use £293207 over three years to formalise and expand its existing services. The organisation provides a range of services to homeless families and individuals moving into ....more
Virgin Money Foundation - Grant to Boomerang Cardiff
£1,166 20/03/2020
Grant through the Heart of the Community Fund to support the running costs.
Woodward Charitable Trust - Towards the furniture recycling project
£1,000 15/11/2019
Towards the furniture recycling project.
Virgin Money Foundation - Grant to Boomerang Cardiff
£500 15/05/2019
Grant through the Heart of the Community Fund used to help them build hampers including essential items for people who have experienced homelessness and are securing their first homes.
People's Health Trust - The Bridge Project
£8,648 21/06/2018
This two-year project is establishing a community action initiative, where volunteer Community Ambassadors meet monthly to share knowledge and ideas about the local area. These are open meetings that ....more
National Lottery Community Fund - In Work Poverty
£10,000 06/03/2018
12
In Work Poverty

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)
Current Trustees appointed

Legal constitution
  • Charity registered in England & Wales on 05/05/2017, number: 1172898
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
6 returns made; AR19: 144 days late,
Main office

Boomerang Cardiff
Unit 5
Templar Park Industrial Estate
East Moors Road
CARDIFF
CF24 5EW

Objectives

THE OBJECTS OF THE CIO ARE (1)THE PREVENTION OR RELIEF OF POVERTY IN CARDIFF AND SURROUNDING AREAS BY PROVIDING: ITEMS AND SERVICES TO INDIVIDUALS/FAMILIES IN NEED, AND TO WORK ALONGSIDE OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY;(2)TO PROMOTE FOR THE BENEFIT OF THE INHABITANTS OF CARDIFF AND SURROUNDING AREAS WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS, BY ASSOCIATING TOGETHER THE SAID INHABITANTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND OTHER LEISURE TIME OCCUPATIONS WITH THE OBJECTS OF IMPROVING THE CONDITIONS OF LIFE OF THE SAID INHABITANTS; AND(3)TO ESTABLISH OR SECURE THE ESTABLISHMENT OF A COMMUNITY CENTRE (HEREINAFTER CALLED 'THE CENTRE') AND TO MAINTAIN AND MANAGE THE SAME (WHETHER ALONE OR IN CO-OPERATION WITH ANY LOCAL AUTHORITY OR PERSON OR BODY) IN FURTHERANCE OF THESE OBJECTS.NOTHING IN THIS CONSTITUTION SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CIO FOR THE PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH[SECTION 7 OF THE CHARITIES AND TRUSTEE INVESTMENT (SCOTLAND) ACT 2005] AND [SECTION 2 OF THE CHARITIES ACT (NORTHERN IRELAND) 2008].

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great