Stepping Stone Projects

Analysis

Stepping Stone Projects is a registered charity in England and Wales, based in Lancashire. It was registered in October 1991, 35 years ago. Its declared purposes cover general charitable purposes and accommodation/housing, which this site groups under housing and shelter. Legally it is a charitable company (Companies House number 02647645). It says it provides human resources, provides buildings/facilities/open space and provides services.

In the financial year ending March 2025, Stepping Stone Projects reported income of £14.5m and spending of £14.1m, spending 98% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £5.0m to £14.5m (+189%), an average of +30% a year. The sharpest change came in the year to March 2023, when income rose by 45%. Over the whole period it spent 95% of the income it received.

Among 2,324 England and Wales charities whose main cause is housing and shelter and that reported income, Stepping Stone Projects sits at the 99th percentile: it is larger than about 99% of them. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include The Dolphin Square Charitable Foundation (£14.0m), The Principal and Fellows of St Hugh's College in the University of Oxford (£15.3m) and Wolfson College in the University of Oxford (£13.6m).

In its latest detailed accounts, income came from charitable activities 100%. Charitable activities took 100% of spending and raising funds 0.0%. Reserves of £3.8m would cover about 3 months of spending at that rate. It employed 171 people.