Worcester Wheels

Analysis

Worcester Wheels is a registered charity in England and Wales, based in Worcester. It was registered in February 1997, 29 years ago. Its declared purposes cover general charitable purposes and economic/community development/employment, which this site groups under community and economic development. Legally it is a charitable company (Companies House number 03323024). It says it provides human resources, provides buildings/facilities/open space and provides services.

In the financial year ending March 2025, Worcester Wheels reported income of £931k and spending of £921k, spending 99% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £325k to £931k (+187%), an average of +30% a year. The sharpest change came in the year to March 2024, when income rose by 54%. Over the whole period it spent 95% of the income it received.

Among 1,869 England and Wales charities whose main cause is community and economic development and that reported income, Worcester Wheels sits at the 91st percentile: it is larger than about 90% of them. Against every charity in England and Wales with reported income it ranks in the 93rd percentile. Charities of a similar size with the same main cause include The East Durham Employability Trust (£926k), Tomorrow's Women (£950k) and The National Flood Forum (£921k).

In its latest detailed accounts, income came from donations and legacies 74% and charitable activities 25%. Charitable activities took 97% of spending and raising funds 0.2%. Reserves of £161k would cover about 2 months of spending at that rate. It employed 28 people.