Gingerbread Corner

Analysis

Gingerbread Corner is a registered charity in England and Wales, based in Croydon. It was registered in July 1979, 47 years ago. Its declared purposes cover the prevention or relief of poverty, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 01424489). It says it provides services.

In the financial year ending March 2024, Gingerbread Corner reported income of £771k and spending of £840k, spending 109% of what it took in. Across the 4 years on record, from March 2021 to March 2024, income grew from £758k to £771k (+1.7%), an average of +0.6% a year. Over the whole period it spent 112% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Gingerbread Corner sits at the 91st percentile: it is larger than about 91% of them. Against every charity in England and Wales with reported income it ranks in the 92nd percentile. Charities of a similar size with the same main cause include Ealing Foodbank (£770k), Family Gateway (£771k) and Mentoring Plus Bath and North East Somerset (£770k).

In its latest detailed accounts, income came from charitable activities 93% and trading 1.0%. Charitable activities took 100% of spending and raising funds 0.0%. Reserves of £115k would cover about 2 months of spending at that rate. It employed 24 people.

Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue. Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.