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Bethnal Green Spear Trust

Registered · see notesRegistered charity number 1159691LondonPoverty relief
Income£93k2022-08-31
Spending£99ksame year
Spent / received101%2-year average
Size in its cause65th pctPoverty relief
Registered2014CIO
Employees–latest return

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

£0£25k£49k£74k£99k2021 Income: £89,6732021 Spending: £85,36220212022 Income: £93,2082022 Spending: £98,5892022
IncomeSpending

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

CharityLocationIncome
Pneuma Christian Centre TrustCroydon£93k
Greek Orthodox Community of St CharalambousHertfordshire£93k
The Gujarat Muslim Association UKWarwickshire£93k
Hope Church LythamLancashire£93k