Somali Youth Development Resource Centre

Analysis

Somali Youth Development Resource Centre is a registered charity in England and Wales, based in Handyside Street. It was registered in June 2002, 24 years ago. Its declared purposes cover general charitable purposes, education/training, the advancement of health or saving of lives and arts/culture/heritage/science, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 04115930). It says it provides human resources, provides services and provides advocacy/advice/information.

In the financial year ending March 2025, Somali Youth Development Resource Centre reported income of £646k and spending of £610k, spending 94% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £464k to £646k (+39%), an average of +8.6% a year. The sharpest change came in the year to March 2024, when income rose by 37%. Over the whole period it spent 88% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Somali Youth Development Resource Centre sits at the 86th percentile: it is larger than about 86% of them. Against every charity in England and Wales with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include World Muscle Society (£646k), Catholic Marriage Care Limited (£646k) and Bedford Hospital Charity and Friends (£646k).

In its latest detailed accounts, income came from charitable activities 95%. Charitable activities took 94% of spending and raising funds 0.0%. Reserves of £56k would cover about 1 months of spending at that rate. It employed 19 people.