New Beginnings Reading

Analysis

New Beginnings Reading is a registered charity in England and Wales, based in Reading. It was registered in May 2017, 9 years ago. Its declared purposes cover general charitable purposes 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 and other charitable activities.

In the financial year ending June 2025, New Beginnings Reading reported income of £367k and spending of £120k, leaving 67% of income unspent that year. Across the 5 years on record, from June 2021 to June 2025, income grew from £78k to £367k (+368%), an average of +47% a year. The sharpest change came in the year to June 2025, when income rose by 181%. Over the whole period it spent 74% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, New Beginnings Reading sits at the 84th percentile: it is larger than about 84% of them. Against every charity in England and Wales with reported income it ranks in the 87th percentile. Charities of a similar size with the same main cause include The Parochial Church Council of the Ecclesiastical Parish of Cullompton (£367k), Home-Start Southwark and Lewisham (£367k) and Priority Youth Project (£367k).