The Literacy Hubs

Analysis

The Literacy Hubs is a registered charity in England and Wales, based in Southampton. It was registered in June 2020, 6 years ago. Its declared purposes cover education/training, which this site groups under education and training. Legally it is a charitable incorporated organisation (CIO). It says it provides advocacy/advice/information.

In the financial year ending July 2024, The Literacy Hubs reported income of £163k and spending of £181k, spending 111% of what it took in. Across the 4 years on record, from July 2021 to July 2024, income grew from £128k to £163k (+27%), an average of +8.4% a year. The sharpest change came in the year to July 2022, when income rose by 46%. Over the whole period it spent 101% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, The Literacy Hubs sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in England and Wales with reported income it ranks in the 78th percentile. Charities of a similar size with the same main cause include In Good Company Limited (£163k), Wroughton Pre-School (£163k) and NLT Training Services Limited (£163k).

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