Hornsea Foundation

Analysis

Hornsea Foundation is a registered charity in England and Wales, based in Hornsea. It was registered in March 2018, 8 years ago. Its declared purposes cover general charitable purposes, disability, animals and economic/community development/employment, which this site groups under disability. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to individuals and makes grants to organisations.

In the financial year ending March 2023, Hornsea Foundation reported income of £17k and spending of £16k, spending 96% of its income. Across the 3 years on record, from March 2021 to March 2023, income grew from £1,413 to £17k (+1102%), an average of +247% a year. The sharpest change came in the year to March 2022, when income rose by 740%. Over the whole period it spent 99% of the income it received.

Among 12,871 England and Wales charities whose main cause is disability and that reported income, Hornsea Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in England and Wales with reported income it ranks in the 41st percentile. Charities of a similar size with the same main cause include Swindon Bats Sports & Social Club (£17k), Friends of Harford Manor School (£17k) and Hope for Life (£17k).

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.