Aspire Ryde
Analysis
Aspire Ryde is a registered charity in England and Wales, based in Ryde. It was registered in August 2015, 11 years ago. Its declared purposes cover general charitable purposes, the prevention or relief of poverty, religious activities and arts/culture/heritage/science, which this site groups under poverty relief. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to organisations, provides human resources and provides buildings/facilities/open space.
In the financial year ending December 2025, Aspire Ryde reported income of £1.5m and spending of £1.4m, spending 89% of its income. Across the 5 years on record, from December 2021 to December 2025, income grew from £443k to £1.5m (+249%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 121%. 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, Aspire Ryde sits at the 95th percentile: it is larger than about 95% of them. Against every charity in England and Wales with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include Pembrokeshire Care Society (£1.5m), Newport Cab (£1.5m) and Ichthus Christian Fellowship (£1.5m).
In its latest detailed accounts, income came from charitable activities 54%, donations and legacies 41% and trading 4.9%. Charitable activities took 96% of spending and raising funds 1.0%. Reserves of £18k would cover about 0 months of spending at that rate. It employed 56 people.
Income and spending
Where the income comes from
- Donations 41%
- Charitable activities 54%
- Trading 4.9%
- Investments 0.3%
In the charity's own words
To develop the capacity and skills of the members of the socially and economically disadvantaged communities of the Isle of Wight in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society through access to social activity, information, education and accommodation
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Pembrokeshire Care Society | Haverfordwest | £1.5m |
| Newport Cab | Newport | £1.5m |
| Ichthus Christian Fellowship | London | £1.5m |
| Pure Insight 1628 | Cheshire | £1.5m |