YMCA Wearside Ltd

Analysis

YMCA Wearside Ltd is a registered charity in England and Wales, based in Sunderland. It was registered in November 1996, 30 years ago. Its declared purposes cover general charitable purposes, education/training, accommodation/housing and religious activities, which this site groups under housing and shelter. Legally it is a charitable company (Companies House number 03281486). It says it provides human resources, provides buildings/facilities/open space and provides services.

In the financial year ending December 2024, YMCA Wearside Ltd reported income of £2.0m and spending of £1.9m, spending 97% of its income. Across the 4 years on record, from December 2021 to December 2024, income grew from £1.7m to £2.0m (+18%), an average of +5.8% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 86% of the income it received.

Among 2,324 England and Wales charities whose main cause is housing and shelter and that reported income, YMCA Wearside Ltd sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in England and Wales with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include Winchester Housing Trust Limited (£2.0m), Northampton Association for Accommodation for Single Homeless (£2.0m) and Donnington House Care Home Limited (£2.0m).

In its latest detailed accounts, income came from charitable activities 98%. Charitable activities took 100% of spending and raising funds 0.0%. Reserves of £300k would cover about 2 months of spending at that rate. It employed 39 people.

Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue.