Finance Score: -1

Governance Score: 0

Support Score: 3

Liabilities <10%: +3
Excess reserves: -5
Multiple Deficits: -2
Fundraising costs low: +3

Dynamic board: +3
All female board: -3

Gov Income
Grant maker support: +3

Overall GiG Score: 2

INSTITUTE OF OUR LADY OF MERCY

The Charity's activities are carried on by individual Sisters acting within parish communities and the wider community. It runs and supports Catholic schools and care homes. The Trustees care for their own Sisters who are retiring from active work. The Charity also makes grants to beneficiaries and assists other charities with similar objects.

Analysis by Giving is Great

Positives:

The charity has received Government grants and contracts
This charity has a robust balance sheet
Fundraising costs are unusually low relative to funds raised
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board is completely female
Over half the Board have joined recently

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £137,920,710 available, equivalent to 111 months of spending and so may not be able to utilise additional funding
On several occasions in recent years income has been less than spending

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		£9,595	£14,928	£-5,333	£0	£153,913	£137,921	110.9	248	170
31/12/21		£9,121	£14,118	£-4,997	£0	£163,697	£146,862	124.8	253	250
31/12/20	*	£8,901	£15,395	£-6,494	£0	£160,586	£143,627	112	272	300
31/12/19		£10,776	£17,482	£-6,707	£0	£170,322	£152,688	104.8	317	430
31/12/18		£10,627	£13,814	£-3,187	£0	£169,762	£152,356	132.4	328	440
31/12/17		£10,940	£17,696	£-6,756	£0	£176,831	£158,939	107.8	349	0
31/12/16		£12,581	£18,190	£-5,610	£146	£180,173	£161,945	106.8	399	0
31/12/15	*	£14,682	£18,183	£-3,502	£544	£180,158	£161,740	106.7	322	0
31/12/14		£14,186	£18,783	£-4,597	£834	£189,074	£169,836	108.5	365	0
31/12/13		£13,875	£17,740	£-3,866	£541	£184,403	£164,666	111.4	361	0
31/12/12		£14,155	£18,527	£-4,372	£504	£180,197	£160,205	103.8	399	0
31/12/11		£32,657	£24,271	£8,387	£465	£178,663	£158,372	78.3	371	0
31/12/10		£13,032	£17,652	£-4,620	£444	£168,413	£161,645	109.9	361	0
31/12/09		£13,460	£17,430	£-3,970	£396	£166,985	£160,670	110.6	366	0
31/12/08		£14,207	£18,101	£-3,894	£388	£166,117	£160,005	106.1	359	0
31/12/07		£17,528	£21,866	£-4,338	£413	£192,141	£186,197	102.2	414	0
31/12/06		£20,109	£20,627	£-518	£0	£0	£0	n/a	0	0
31/12/05		£18,549	£18,954	£-405	£0	£0	£0	n/a	0	0
31/12/04		£16,574	£18,335	£-1,761	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 4.4%
Fundraising Costs/Total Spending: 1.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 9%
Unrestricted Funds/Total Funds: 90%
Reserves/Spending: 110.9 months
Net Current Assets/Spending: 5 months
Quick Ratio: 6.5

Asset Split ?

Established: 28 years

www.ourladyofmercy.org.uk

iolm@iolmercy.org.uk

01132500253

Charity Commission for England and Wales

Tweets

Listed activities

Accommodation/Housing
Disability
Education/Training
Overseas Aid/Famine Relief
Religious Activities
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Secondary schools

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides buildings/facilities/open space
Provides human resources
Provides other finance
Provides services

Where it operates

Ireland, Kenya, Peru, Romania, Throughout England And Wales,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
Other Defined Groups
People With Disabilities

Who works here?

248 employees
170 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

CATHERINE CHRISTINA GRODEN Appointed: 2023, Other trusteeship: INSTITUTE OF OUR LADY OF MERCY CIO,

SISTER MARY BERNADETTE HOLMES Appointed: 2018, Other trusteeships: WOMEN@THEWELL, INSTITUTE OF OUR LADY OF MERCY CIO,

SISTER BERNADETTE PATRICIA ROCHE Appointed: 2023, Other trusteeship: INSTITUTE OF OUR LADY OF MERCY CIO,

SISTER ITA CHRISTINA O'DONNELL Appointed: 2023, Other trusteeship: INSTITUTE OF OUR LADY OF MERCY CIO,

SISTER LYNDA IRENE DEARLOVE Appointed: 2023, Other trusteeship: INSTITUTE OF OUR LADY OF MERCY CIO,

Legal constitution

Charity registered in England & Wales on 18/04/1996, number: 290544

Gift Aid

Registered with HMRC for Gift Aid

Other Regulators

Care Quality Commission
Care Inspectorate Wales (CIW)
Ofsted (Office For Standards In Education)

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

19 returns made; AR20: 2 days late, AR15: 1 days late,

Main office

INSTITUTE OF OUR LADY OF MERCY
CONVENT OF MERCY
CEMETERY ROAD
YEADON
LEEDS
LS19 7UR

Objectives

SUCH CHARITABLE PURPOSES WHICH ADVANCE THE RELIGIOUS AND OTHER CHARITABLE WORK FOR THE TIME BEING CARRIED ON OR TO BE CARRIED ON IN ENGLAND AND WALES OR ANYWHERE IN THE WORLD BY OR UNDER THE DIRECTION OF THE INSTITUTE INCLUDING IN PARTICULAR (BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING) THE RELIEF OF POVERTY, THE ADVANCEMENT OF THE ROMAN CATHOLIC RELIGION THE ADVANCEMENT OF EDUCATION AND THE NURSING OF SICK POOR AS THE TRUSTEES WITH THE APPROVAL OF THE SUPERIOR GENERAL THINK FIT .

Defined Area of Benefit:

ENGLAND AND WALES OR ANYWHERE IN THE WORLD

Data Sources