Finance Score: 0
Governance Score: -5
Support Score: 5
    • No conflicts policy: -1
    • Only 4 Trustees: -1
    • Static board: -3
    • Grant maker support: +5
    Overall GiG Score: 0 ?

    HOPESPRING 

    Hopespring is a charity working throughout Tyne and Wear that seeks to serve the various Educational, Physical and Mental Health needs of the young people in our region. With a highly committed team of trained staff and full time volunteers, we provide support and care for some of the most vulnerable people in society through our people-based interventions.
    Analysis by Giving is Great

    Positives:

    • A significant proportion of recent income was derived from major grant makers including the Government

    Regulatory & Governance issues to consider:

    • This charity does not have a Conflict of Interests policy
    • One or more trustees receive benefits from the charity
    • There are only 4 trustees
    • The Board composition appears to be rather static
    Established: 5 years

    www.hopespring.info

    office@hopespringcharity.org

    01915674227

    Charity Commission for England and Wales
    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
    31/08/22£1,160£1,031£129£0£275£2753.22718
    31/08/21£791£738£53£0£146£1462.41718
    31/08/20£455£362£93n/an/an/an/an/a25
    Financial Ratios
    Fundraising Costs/Relevant Income: 0%
    Fundraising Costs/Total Spending: 0%
    Highest pay band: Less than £60,000
    Liabilities/Assets: 36%
    Liabilities/Income: 13%
    Unrestricted Funds/Total Funds: 100%
    Reserves/Spending: 3.2 months
    Net Current Assets/Spending: 3 months
    Quick Ratio: 2.9
    Asset Split ?
    What it does
    • Disability
    • Economic/Community Development/Employment
    • Education/Training
    • General Charitable Purposes
    • Other Charitable Purposes
    Who works here?
    • 27 employees
    • 18 volunteers
    Who it helps
    • Children/Young People
    • Other Defined Groups
    • The General Public/Mankind
    How it operates
    • Provides advocacy/advice/information
    • Provides buildings/facilities/open space
    • Provides services
    Where it operates
    • Gateshead, Newcastle Upon Tyne City, North Tyneside, Sunderland,

    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
    Trusthouse Charitable Foundation - Grant to Hopespring
    £70,000 21/10/2021
    24% of salaries and running costs over 3-years to provide mother and baby supported accommodation for vulnerable young women in Sunderland, Tyne and Wear.
    County Durham Community Foundation - Mother & Baby Service Continuation and Residential Childrens Home Set-up
    £15,812 16/12/2020
    Mother & Baby Service Continuation and Residential Childrens Home Set-up
    The Ballinger Charitable Trust - Grant to Hopespring
    £45,000 23/11/2018
    36
    Therapeutic School

    Data sourced from Donors via 360 Giving

    How is it governed?

    Trustees (4)
    Current Trustees appointed

    Legal constitution
    • Charity registered in England & Wales on 07/06/2019, number: 1183771
    Gift Aid
    • Registered with HMRC for Gift Aid
    Other Regulators
    • Ofsted (Office For Standards In Education)
    Policies in force
    • Paying staff
    • Safeguarding vulnerable beneficiaries
    • Volunteer management
    Filing Record
    3 returns made; all on time
    Main office

    Hopespring
    10 Sea View Road West
    SUNDERLAND
    SR2 9HA

    Objectives

    THE OBJECTS OF THE CHARITY ARE:(1) FOR THE PUBLIC BENEFIT, THE PROVISION OF EDUCATION IN PARTICULAR, BUT NOT EXCLUSIVELY, BY PROVIDING SCHOOLS FOR CHILDREN AGED 11 TO 16 WHO IN PARTICULAR, BUT NOT EXCLUSIVELY FOR THOSE ARE DEEMED TO BE VULNERABLE AND EMOTIONALLY/BEHAVIOURALLY COMPLEX, WHO ARE AT RISK OF, OR HAVE ALREADY BEEN, EXCLUDED FROM SCHOOL OR FROM ALTERNATIVE PROVISIONS IN THE NORTH EAST OF ENGLAND AND SUCH OTHER PARTS OF THE UNITED KINGDOM AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT.(2) FOR THE PUBLIC BENEFIT, THE PREVENTION AND/OR RELIEF OF POVERTY AMONG PEOPLE WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS IN THE UNITED KINGDOM BY PROVIDING IN PARTICULAR BUT NOT EXCLUSIVELY, SUPPORTED ACCOMMODATION AND TRANSITIONAL SUPPORT FOR INDIVIDUALS LEAVING THE CARE OF THE LOCAL AUTHORITY.

    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

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