Newport Cab

Analysis

Newport Cab is a registered charity in England and Wales, based in Newport. It was registered in April 2007, 19 years ago. Its declared purposes cover general charitable purposes, education/training, the prevention or relief of poverty and economic/community development/employment, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 06030995). It says it provides human resources, provides services and provides advocacy/advice/information.

In the financial year ending March 2025, Newport Cab reported income of £1.5m and spending of £1.5m, spending 99% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £1.3m to £1.5m (+15%), an average of +3.6% a year. Over the whole period it spent 98% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Newport Cab 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 Aspire Ryde (£1.5m), Pure Insight 1628 (£1.5m) and Pembrokeshire Care Society (£1.5m).

In its latest detailed accounts, income came from charitable activities 92% and donations and legacies 8.2%. Charitable activities took 98% of spending and raising funds 0.0%. Reserves of £300k would cover about 2 months of spending at that rate. It employed 38 people.