Talent-Ed Education

Analysis

Talent-Ed Education is a registered charity in England and Wales, based in Stockton-On-Tees. It was registered in September 2012, 14 years ago. Its declared purposes cover education/training and the prevention or relief of poverty, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 08182391). It says it provides services and provides advocacy/advice/information.

In the financial year ending August 2022, Talent-Ed Education reported income of £744k and spending of £769k, spending 103% of its income. Across the 2 years on record, from August 2021 to August 2022, income grew from £504k to £744k (+47%), an average of +47% a year. The sharpest change came in the year to August 2022, when income rose by 47%. Over the whole period it spent 102% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Talent-Ed Education sits at the 91st percentile: it is larger than about 91% of them. Against every charity in England and Wales with reported income it ranks in the 92nd percentile. Charities of a similar size with the same main cause include The Climate Movement (£742k), Steep in Need (£744k) and Eelapatheeswarar Aalayam (£742k).

In its latest detailed accounts, income came from donations and legacies 57% and charitable activities 43%. Charitable activities took 87% of spending and raising funds 13%. Reserves of £76k would cover about 1 months of spending at that rate. It employed 10 people.