The Source Young People's Charity

Analysis

The Source Young People's Charity is a registered charity in England and Wales, based in Aldershot. It was registered in January 2006, 20 years ago. Its declared purposes cover general charitable purposes, education/training, the prevention or relief of poverty and other charitable purposes, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 05639458). It says it provides services.

In the financial year ending March 2025, The Source Young People's Charity reported income of £165k and spending of £181k, spending 110% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income fell from £168k to £165k (-2.0%), an average of -0.5% a year. The sharpest change came in the year to March 2024, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, The Source Young People's Charity sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in England and Wales with reported income it ranks in the 78th percentile. Charities of a similar size with the same main cause include Ghazali Trust (£165k), Starting Out Charity (£165k) and Magen Charitable Trust (£165k).