Launchpad Reading
Analysis
Launchpad Reading is a registered charity in England and Wales, based in Reading. It was registered in June 1980, 46 years ago. Its declared purposes cover general charitable purposes, education/training, the prevention or relief of poverty and accommodation/housing, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 01459149). It says it provides services, provides advocacy/advice/information and other charitable activities.
In the financial year ending March 2026, Launchpad Reading reported income of £4.9m and spending of £4.6m, spending 93% of its income. Across the 5 years on record, from March 2022 to March 2026, income grew from £3.3m to £4.9m (+50%), an average of +11% a year. The sharpest change came in the year to March 2025, when income rose by 28%. Over the whole period it spent 92% of the income it received.
Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Launchpad Reading sits at the 99th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include The Millennium Awards Trust (£4.9m), Global Greengrants Fund UK (£4.9m) and Royal Variety Charity (£4.9m).
In its latest detailed accounts, income came from charitable activities 86%, donations and legacies 11% and trading 2.7%. Charitable activities took 98% of spending and raising funds 2.1%. It employed 57 people.
Income and spending
Where the income comes from
- Donations 11%
- Charitable activities 86%
- Trading 2.7%
- Investments 0.4%
In the charity's own words
We house, support and empower vulnerable people in Reading so they can transform their lives, get back on track and fulfil their potential.Every person who turns to us for help is different, facing unique challenges. We provide support on an individual basis, always considering the best way to help in each situation.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Millennium Awards Trust | London | £4.9m |
| Global Greengrants Fund UK | London | £4.9m |
| Royal Variety Charity | Middlesex | £4.9m |
| Cornwall Community Development Limited | Cornwall | £4.9m |