Finance Score: 0

Governance Score: -1

Support Score: 5

No conflicts policy: -1

Grant maker support: +5

Overall GiG Score: 4

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

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	£275	3.2	27	18
31/08/21	£791	£738	£53	£0	£146	£146	2.4	17	18
31/08/20	£455	£362	£93	n/a	n/a	n/a	n/a	n/a	25

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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 ?

Established: 5 years

www.hopespring.info

office@hopespringcharity.org

01915674227

Charity Commission for England and Wales

Listed activities

Disability
Economic/Community Development/Employment
Education/Training
General Charitable Purposes
Other Charitable Purposes

GiG Classification

General outpatient health-care services

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 it helps

Children/Young People
Other Defined Groups
The General Public/Mankind

Who works here?

27 employees
18 volunteers

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 (5)

Current Trustees appointed

DR CHIKEZIE OKIKE Appointed: 2019, Other trusteeship: UWAKANEME COMMUNITY EDUCATION PROJECT,

DR MYRA HANNAH OREDAYO BELMONT HERBERT Appointed: 2019

DR RACHEL BISSET Appointed: 2023

JOANNE DUNNETT Appointed: 2019

LOIS GOTT (Chair) Appointed: 2019

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