Bethnal Green Spear Trust
Analysis
Bethnal Green Spear Trust is a registered charity in England and Wales, based in London. It was registered in December 2014, 12 years ago. Its declared purposes cover 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 incorporated organisation (CIO). It says it provides services and provides advocacy/advice/information.
In the financial year ending August 2022, Bethnal Green Spear Trust reported income of £93k and spending of £99k, spending 106% of what it took in. Across the 2 years on record, from August 2021 to August 2022, income grew from £90k to £93k (+3.9%), an average of +3.9% a year. Over the whole period it spent 101% of the income it received.
Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Bethnal Green Spear Trust sits at the 65th percentile: it is larger than about 65% of them. Against every charity in England and Wales with reported income it ranks in the 70th percentile. Charities of a similar size with the same main cause include Pneuma Christian Centre Trust (£93k), Greek Orthodox Community of St Charalambous (£93k) and The Gujarat Muslim Association UK (£93k).
Data notes from the register: The regulator lists this charity as in double default: it has missed the deadline for its annual return or accounts in two or more successive years.
Income and spending
Where the income comes from
- Other 100%
In the charity's own words
Bethnal Green Spear Trust runs pre-employment training courses for young people living in East London. The Spear Programme is a highly interactive, award-winning twelve-month programme that equips and supports disadvantaged 16 to 24 year olds to place them into long-term employment. 75% of Spear completers enter employment, education or training, and remain there a year later.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Pneuma Christian Centre Trust | Croydon | £93k |
| Greek Orthodox Community of St Charalambous | Hertfordshire | £93k |
| The Gujarat Muslim Association UK | Warwickshire | £93k |
| Hope Church Lytham | Lancashire | £93k |