Hopeworx

Analysis

Hopeworx is a registered charity in England and Wales, based in Essex. It was registered in April 2013, 13 years ago. Its declared purposes cover general charitable purposes, education/training, the prevention or relief of poverty and religious activities, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 07979812). It says it provides services.

In the financial year ending March 2025, Hopeworx reported income of £301k and spending of £297k, spending 99% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £239k to £301k (+26%), an average of +6.0% a year. The sharpest change came in the year to March 2022, when income rose by 42%. Over the whole period it spent 90% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Hopeworx sits at the 81st percentile: it is larger than about 81% of them. Against every charity in England and Wales with reported income it ranks in the 85th percentile. Charities of a similar size with the same main cause include Bringing Good News (£301k), Pontypridd Foodbank (£301k) and Chasdei Yoel Charitable Trust (£301k).