Open College Network Credit4learning

Analysis

Open College Network Credit4learning is a registered charity in England and Wales, based in Darlington. It was registered in April 2003, 23 years ago. Its declared purposes cover education/training, which this site groups under education and training. Legally it is a charitable company (Companies House number 04703401). It says it provides services.

In the financial year ending July 2024, Open College Network Credit4learning reported income of £207k and spending of £225k, spending 109% of what it took in. Across the 4 years on record, from July 2021 to July 2024, income fell from £279k to £207k (-26%), an average of -9.4% a year. The sharpest change came in the year to July 2023, when income dropped by 25%. Over the whole period it spent 100% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, Open College Network Credit4learning sits at the 85th percentile: it is larger than about 85% of them. Against every charity in England and Wales with reported income it ranks in the 81st percentile. Charities of a similar size with the same main cause include The Inspire Football Foundation (£207k), Royal Welch Fusiliers Regimental Museum Trust Ltd (£208k) and Royal Windsor Rose and Horticultural Society (£207k).

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