The Well

Analysis

The Well is a registered charity in England and Wales, based in Scunthorpe. It was registered in October 2015, 11 years ago. Its declared purposes cover general charitable purposes, the prevention or relief of poverty, religious activities and economic/community development/employment, which this site groups under poverty relief. Legally it is a charitable incorporated organisation (CIO). It says it provides human resources, provides buildings/facilities/open space and provides services.

In the financial year ending March 2025, The Well reported income of £99k and spending of £104k, spending 105% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £75k to £99k (+33%), an average of +7.4% a year. The sharpest change came in the year to March 2024, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, The Well sits at the 66th percentile: it is larger than about 66% of them. Against every charity in England and Wales with reported income it ranks in the 71st percentile. Charities of a similar size with the same main cause include The Kingston and District Wel-Care Association (£99k), Bury Drop in (£99k) and Sidq Foundation (£99k).