The Converging World

Analysis

The Converging World is a registered charity in England and Wales, based in Bristol. It was registered in January 1995, 31 years ago. Its declared purposes cover the prevention or relief of poverty, environment/conservation/heritage and economic/community development/employment, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 03010221). It says it makes grants to organisations, provides other finance and provides advocacy/advice/information.

In the financial year ending March 2022, The Converging World reported income of £104k and spending of £52k, leaving 50% of income unspent that year. Across the 2 years on record, from March 2021 to March 2022, income grew from £102k to £104k (+1.7%), an average of +1.7% a year. Over the whole period it spent 55% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, The Converging World sits at the 67th percentile: it is larger than about 67% of them. Against every charity in England and Wales with reported income it ranks in the 72nd percentile. Charities of a similar size with the same main cause include New Life Church Bristol (£104k), Likewise Christian Ministries (£104k) and Lenderhand (£104k).

Data notes from the register: The regulator lists this charity as in double default: it has missed the deadline for its annual return or accounts in two or more successive years.