Hopestead
Analysis
Hopestead is a registered charity in England and Wales, based in Norwich. It was registered in July 2020, 6 years ago. Its declared purposes cover disability and the prevention or relief of poverty, which this site groups under disability. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to individuals, makes grants to organisations and provides services.
In the financial year ending March 2026, Hopestead reported income of £1.5m and spending of £1.5m, spending 102% of its income. Across the 5 years on record, from March 2022 to March 2026, income grew from £657k to £1.5m (+125%), an average of +22% a year. The sharpest change came in the year to March 2023, when income rose by 55%. Over the whole period it spent 95% of the income it received.
Among 12,871 England and Wales charities whose main cause is disability and that reported income, Hopestead sits at the 94th percentile: it is larger than about 94% of them. Against every charity in England and Wales with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include Swansea City AFC Foundation (£1.5m), Southwark Disablement Association (£1.5m) and Islamic Association of North London (£1.5m).
In its latest detailed accounts, income came from donations and legacies 96% and trading 3.3%. Charitable activities took 97% of spending and raising funds 1.0%. Grants to other organisations totalled £249k. Reserves of £572k would cover about 4 months of spending at that rate. It employed 4 people.
Income and spending
Where the income comes from
- Donations 96%
- Trading 3.3%
- Investments 0.3%
In the charity's own words
The objects of the CIO are to relieve people who are in need by reason of homelessness through the prevention, reduction or alleviation of homelessness and the causes of homelessness and by the creation of sustainable communities primarily in but not limited to the East of England by the making of grants, delivery of services to those in need, the creation of sustainable communities etc.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Swansea City AFC Foundation | Swansea | £1.5m |
| Southwark Disablement Association | London | £1.5m |
| Islamic Association of North London | London | £1.5m |
| Community Outreach | West Yorkshire | £1.5m |