Solent Mind

Analysis

Solent Mind is a registered charity in England and Wales, based in Hampshire. It was registered in June 2000, 26 years ago. Its declared purposes cover education/training, the advancement of health or saving of lives, disability and the prevention or relief of poverty, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 04004500). It says it provides services, provides advocacy/advice/information and sponsors or undertakes research.

In the financial year ending March 2025, Solent Mind reported income of £11.6m and spending of £12.0m, spending 103% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £6.7m to £11.6m (+75%), an average of +15% a year. The sharpest change came in the year to March 2023, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Solent Mind sits at the 98th percentile: it is larger than about 98% 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 Coventry, Warwickshire & Worcestershire Mind (£11.6m), Isabel Hospice Limited (£11.7m) and Empower Youth Zones Ltd (£11.6m).

In its latest detailed accounts, income came from charitable activities 93%, donations and legacies 3.5% and trading 2.5%. Gifts in wills alone brought in £36k. Charitable activities took 94% of spending and raising funds 6.3%. Reserves of £3.4m would cover about 3 months of spending at that rate. It employed 365 people.