Prodigal Bikes

Analysis

Prodigal Bikes is a registered charity in England and Wales, based in Somerset. It was registered in December 2016, 10 years ago. Its declared purposes cover education/training and the prevention or relief of poverty, which this site groups under poverty relief. Legally it is a charitable incorporated organisation (CIO). It says it provides services, provides advocacy/advice/information and other charitable activities.

In the financial year ending October 2025, Prodigal Bikes reported income of £60k and spending of £61k, spending 102% of its income. Across the 5 years on record, from October 2021 to October 2025, income grew from £28k to £60k (+112%), an average of +21% a year. The sharpest change came in the year to October 2025, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Prodigal Bikes sits at the 58th percentile: it is larger than about 58% of them. Against every charity in England and Wales with reported income it ranks in the 63rd percentile. Charities of a similar size with the same main cause include The Barnes Institute (£60k), Runnymede Christian Fellowship (£60k) and The Porta Pia 2012 Foundation (£60k).