Michael Yoakley's Charity

Analysis

Michael Yoakley's Charity is a registered charity in England and Wales, based in Margate. It was registered in September 1962, 64 years ago. Its declared purposes cover accommodation/housing, which this site groups under housing and shelter. It says it provides buildings/facilities/open space and provides services.

In the financial year ending December 2025, Michael Yoakley's Charity reported income of £2.0m and spending of £2.0m, spending 99% of its income. Across the 5 years on record, from December 2021 to December 2025, income grew from £1.6m to £2.0m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2024, when income rose by 15%. Over the whole period it spent 96% of the income it received.

Among 2,324 England and Wales charities whose main cause is housing and shelter and that reported income, Michael Yoakley's Charity sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in England and Wales with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include Emmaus Turvey (£2.0m), Mitcham Garden Village (£2.0m) and Valley House (£2.0m).

In its latest detailed accounts, income came from charitable activities 91% and investments 8.7%. Charitable activities took 98% of spending and raising funds 1.1%. Reserves of £649k would cover about 4 months of spending at that rate. It employed 58 people.