Meadowhall Education Centre

Analysis

Meadowhall Education Centre is a registered charity in England and Wales, based in Sheffield. It was registered in January 2003, 23 years ago. Its declared purposes cover education/training, the prevention or relief of poverty, amateur sport and economic/community development/employment, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 04396759). It says it provides human resources, provides buildings/facilities/open space and provides services.

In the financial year ending March 2023, Meadowhall Education Centre reported income of £1.5m and spending of £2.1m, spending 139% of what it took in. Across the 3 years on record, from March 2021 to March 2023, income fell from £1.9m to £1.5m (-22%), an average of -12% a year. The sharpest change came in the year to March 2023, when income dropped by 21%. Over the whole period it spent 130% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Meadowhall Education Centre sits at the 95th percentile: it is larger than about 95% of them. Against every charity in England and Wales with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include Bristol Law Centre (£1.5m), C3 Trust UK (£1.5m) and Upbeat Communities Ltd (£1.5m).

In its latest detailed accounts, income came from trading 82% and charitable activities 17%. Charitable activities took 40% of spending and raising funds 60%. Reserves of £739k would cover about 4 months of spending at that rate. It employed 48 people.

Data notes from the register: The register marks this charity as insolvent. Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.