Area 43

Analysis

Area 43 is a registered charity in England and Wales, based in Ceredigion. It was registered in February 2019, 7 years ago. Its declared purposes cover education/training, the advancement of health or saving of lives, disability and the prevention or relief of poverty, which this site groups under health and saving lives. Legally it is a charitable incorporated organisation (CIO). It says it provides buildings/facilities/open space, provides services and provides advocacy/advice/information.

In the financial year ending March 2025, Area 43 reported income of £1.8m and spending of £1.7m, spending 92% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £703k to £1.8m (+157%), an average of +27% a year. The sharpest change came in the year to March 2025, when income rose by 51%. Over the whole period it spent 86% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Area 43 sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in England and Wales with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include Huddersfield Giants Community Trust Ltd (£1.8m), Herefordshire Vennture (£1.8m) and Barking & Dagenham Youth Zone (£1.8m).

In its latest detailed accounts, income came from charitable activities 97%, trading 1.6% and investments 1.2%. Charitable activities took 99% of spending and raising funds 0.9%. Reserves of £1.6m would cover about 11 months of spending at that rate. It employed 60 people.