Vernon Place Community Hub

Analysis

Vernon Place Community Hub is a registered charity in England and Wales, based in Neath. It was registered in November 2019, 7 years ago. Its declared purposes cover general charitable purposes and recreation, which this site groups under amateur sport and recreation. Legally it is a charitable incorporated organisation (CIO). It says it provides buildings/facilities/open space.

In the financial year ending January 2025, Vernon Place Community Hub reported income of £77k and spending of £79k, spending 102% of its income. Across the 5 years on record, from January 2021 to January 2025, income fell from £135k to £77k (-43%), an average of -13% a year. The sharpest change came in the year to January 2022, when income dropped by 58%. Over the whole period it spent 98% of the income it received.

Among 12,174 England and Wales charities whose main cause is amateur sport and recreation and that reported income, Vernon Place Community Hub sits at the 81st percentile: it is larger than about 81% of them. Against every charity in England and Wales with reported income it ranks in the 67th percentile. Charities of a similar size with the same main cause include Mercread Youth Centre (£77k), The Jesus College Boat Club Trust (£77k) and The Chichester Ship Canal Trust (£77k).

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.