Lola's Homeless Ladder
Analysis
Lola's Homeless Ladder is a registered charity in England and Wales, based in London. It was registered in September 2021, 5 years ago. Its declared purposes cover general charitable purposes and the prevention or relief of poverty, which this site groups under poverty relief. Legally it is a charitable incorporated organisation (CIO). It says it provides services and provides advocacy/advice/information.
In the financial year ending February 2024, Lola's Homeless Ladder reported income of £37k and spending of £15k, leaving 59% of income unspent that year. Across the 2 years on record, from February 2023 to February 2024, income grew from £16k to £37k (+129%), an average of +128% a year. The sharpest change came in the year to February 2024, when income rose by 129%. Over the whole period it spent 28% of the income it received.
Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Lola's Homeless Ladder sits at the 51st percentile: it is larger than about 51% of them. Against every charity in England and Wales with reported income it ranks in the 56th percentile. Charities of a similar size with the same main cause include The Horncastle Masonic Benevolent Fund (£36k), Mount Olive Ministries (£37k) and Joining Hands Joining Hearts (£36k).
Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue.
Income and spending
Where the income comes from
- Other 100%
In the charity's own words
For the public benefit, the relief and assistance of people in The London Borough of Newham and adjacent boroughs who are in need by reason of homelessness or being at risk of homelessness, including through insecure accommodation, and those who are in need due to financial hardship, in particular but not exclusively by providing items, services and advice.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Horncastle Masonic Benevolent Fund | Lincolnshire | £36k |
| Mount Olive Ministries | Torquay | £37k |
| Joining Hands Joining Hearts | Sittingbourne | £36k |
| Harry Hames Cottage Charity | Leicester | £37k |