Finance Score: 5

Governance Score: 0

Support Score: 5

Strong growth: +2
Fundraising costs low: +3
No PartB

(no info on trustees)

Grant maker support: +5

Overall GiG Score: 10

FIFE YOUNG CARERS SCIO

Analysis by Giving is Great

Positives:

The charity has received backing from multiple prominent grant makers recently
There has been strong growth in spending over the last 5 years
There have been no income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised

Established: 7 years

www.fifeyoungcarers.co.uk

Financial Data

Income & Spending ?

Period ending	31/03/18	31/03/19	31/03/20	31/03/21	31/03/22	31/03/23
Charitable activities	£414,418	£398,294	£508,760	£583,997		£1,164,339
Donations & Legacies	£105,760	£87,114	£91,712	£78,102		£68,247
Other Income
Investment Income
Total income	£520,178	£485,408	£600,472	£662,218	£1,048,969	£1,232,586
Charitable activities spending	£365,865	£437,240	£433,059	£473,486		£959,804
Fundraising costs	4%	4%	4%	3%	2%	2%
Other spending
Total spending	£387,610	£458,840	£456,570	£495,175	£652,665	£981,526
Surplus/deficit	£132,568	£26,568	£143,902	£167,043	£396,304	£251,060

Listed activities

It carries out activities or services itself

Purposes

The advancement of education
The relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage

Where it operates

Wider, but within one local authority area, main operating location: Fife

Who it helps

Children or young people

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

BBC Children in Need	£55,000
The Leathersellers' Company Charitable Fund	£24,000
DCMS	£18,000
Scottish Council for Voluntary Organisations	£9,993

Specific Donations

Amount	When Months	To be used for
Foundation Scotland - Counselling for female young carers
£5,000	11/03/2022	To support the cost of running a counselling service for young carers
Co-Operative Group - Grant to Fife Young Carers
£4,230	23/10/2021	We'd like to provide young carers with respite experiences to enable them to take a break from their caring responsibilities and enjoy leisure activities as their non-carer peers would.
BBC Children in Need - Grant to Fife Young Carers SCIO
£1,000	31/08/2021	This project will fund the training and mentoring of a project worker to deliver money management sessions to disadvantaged children. Children will improve their life skills through developing their ....more This project will fund the training and mentoring of a project worker to deliver money management sessions to disadvantaged children. Children will improve their life skills through developing their understanding of financial management
BBC Children in Need - Grant to Fife Young Carers SCIO
£54,000	09/09/2020 18	COVID19 - This project will provide online one-to-one support and group sessions online to 50 young carers in Fife who have been isolated by Covid-19. The support will result in reduced isolation, ....more COVID19 - This project will provide online one-to-one support and group sessions online to 50 young carers in Fife who have been isolated by Covid-19. The support will result in reduced isolation, increased wellbeing and improved family relationships
Scottish Government - Fife Young Carers SCIO
£8,000	12/06/2020	Detailed description not provided.
DCMS - VSCE CMC Fund
£18,000	11/06/2020	NET, Comic Relief and Children in Need will use this funding to provide: increased support to vulnerable people and hidden groups, thus reducing the burden on public services; reach local grassroots ....more NET, Comic Relief and Children in Need will use this funding to provide: increased support to vulnerable people and hidden groups, thus reducing the burden on public services; reach local grassroots and small organisations who can provide an on-the-ground community response to the crisis; and, support local charitable organisations to mobilise volunteers to enable better targeted support in communities through empowered local groups.
The Clothworkers Foundation - Grant to Fife Young Carers
£4,000	18/05/2020	COVID19 : purchase IT equipment for a charity that works with young carers in Fife
Scottish Council for Voluntary Organisations - Fife Young Carers
£9,993	01/05/2020	Detailed information not yet available.
The Leathersellers' Company Charitable Fund - Grant to Fife Young Carers SCIO
£24,000	04/12/2019 36	Main Grant unrestricted core costs
BBC Children in Need - Grant to Fife Young Carers
£88,918	09/02/2017 36	A range of one to one and group support and fun activities for young carers in Fife. They will have fun, make friends and feel supported, be more confident and independent, and be better able to cope ....more A range of one to one and group support and fun activities for young carers in Fife. They will have fun, make friends and feel supported, be more confident and independent, and be better able to cope with emotions and practical situations.
Robertson Trust - Transitions Worker East Fife
£46,500	22/11/2016	Transitions Worker East Fife

Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees

Sorry we have no information about the Trustees.

Legal constitution

Charity registered in Scotland on 21/06/2017, number: SC047519

Filing Record

5 returns made; all on time

Main office

Unit H, Newark Road North, Eastfield Industrial Estate, Glenrothes, Fife, KY7 4NT

Objectives

4 The organisation's purposes are: The provision of recreational facilities, or the organisation of recreational activities with the object of improving the conditions of life for children and young people living in Fife aged up to 25 years, who have a caring responsibility. The advancement of education and health for the afore mentioned children and young people.

Data Sources