Love146

Analysis

Love146 is a registered charity in England and Wales, based in Norwich. It was registered in December 2011, 15 years ago. Its declared purposes cover general charitable purposes, education/training, the prevention or relief of poverty and accommodation/housing, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 07822545). It says it makes grants to organisations, provides services and provides advocacy/advice/information.

In the financial year ending March 2022, Love146 reported income of £600k and spending of £563k, spending 94% of its income. Across the 2 years on record, from March 2021 to March 2022, income fell from £628k to £600k (-4.4%), an average of -4.4% a year. Over the whole period it spent 84% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Love146 sits at the 89th percentile: it is larger than about 89% of them. Against every charity in England and Wales with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include Akhuwat (UK) Trust (£600k), Beeston Free Church Nottingham (£601k) and Women Acting in Todays Society (£600k).

In its latest detailed accounts, income came from charitable activities 60% and donations and legacies 40%. Charitable activities took 99% of spending and raising funds 0.0%. Reserves of £107k would cover about 2 months of spending at that rate. It employed 10 people.

Data notes from the register: The register marks this charity as insolvent.