CoLab Exeter

Analysis

CoLab Exeter is a registered charity in England and Wales, based in Exeter. It was registered in December 2003, 23 years ago. Its declared purposes cover general charitable purposes, education/training, economic/community development/employment and other charitable purposes, which this site groups under community and economic development. Legally it is a charitable company (Companies House number 04928733). It says it provides human resources, provides buildings/facilities/open space and provides services.

In the financial year ending March 2025, CoLab Exeter reported income of £2.1m and spending of £2.0m, spending 96% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £710k to £2.1m (+192%), an average of +31% a year. The sharpest change came in the year to March 2023, when income rose by 66%. Over the whole period it spent 100% of the income it received.

Among 1,869 England and Wales charities whose main cause is community and economic development and that reported income, CoLab Exeter 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 96th percentile. Charities of a similar size with the same main cause include Diana Award (£2.0m), Construction Industry Trust for Youth (£2.1m) and Voluntary Action Leicester (£2.0m).

In its latest detailed accounts, income came from charitable activities 89%. Charitable activities took 100% of spending and raising funds 0.0%. Reserves of £106k would cover about 1 months of spending at that rate. It employed 41 people.