The Source, Derby

Analysis

The Source, Derby is a registered charity in England and Wales, based in Derby. It was registered in November 2021, 5 years ago. Its declared purposes cover general charitable purposes and religious activities, which this site groups under religion. Legally it is a charitable incorporated organisation (CIO). It says it provides services.

In the financial year ending March 2025, The Source, Derby reported income of £36k and spending of £17k, leaving 52% of income unspent that year. Across the 3 years on record, from March 2023 to March 2025, income grew from £13k to £36k (+166%), an average of +63% a year. The sharpest change came in the year to March 2024, when income rose by 115%. Over the whole period it spent 49% of the income it received.

Among 20,496 England and Wales charities whose main cause is religion and that reported income, The Source, Derby sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in England and Wales with reported income it ranks in the 55th percentile. Charities of a similar size with the same main cause include St Stephen's Church, Middleton (£36k), The Parochial Church Council of the Ecclesiastical Parish of St Mary Magdalene, Paddington (£36k) and Association of Sri Lankan Muslims - Reading UK (£36k).