Centrepoint Soho
Analysis
Centrepoint Soho is a registered charity in England and Wales, based in London. It was registered in August 1985, 41 years ago. Its declared purposes cover education/training, the advancement of health or saving of lives and accommodation/housing, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 01929421). It says it provides buildings/facilities/open space, provides services and provides advocacy/advice/information.
In the financial year ending March 2025, Centrepoint Soho reported income of £63.2m and spending of £57.9m, spending 92% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £44.0m to £63.2m (+43%), an average of +9.4% a year. The sharpest change came in the year to March 2024, when income rose by 26%. Over the whole period it spent 89% of the income it received.
Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Centrepoint Soho sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 100th percentile. Charities of a similar size with the same main cause include Barking and Dagenham Giving (£63.1m), Mind (The National Association for Mental Health) (£63.7m) and The Healthcare Management Trust (£62.9m).
In its latest detailed accounts, income came from donations and legacies 67%, charitable activities 31% and investments 1.9%. Gifts in wills alone brought in £5.1m. Charitable activities took 71% of spending and raising funds 28%. Grants to other organisations totalled £720k. Reserves of £6.7m would cover about 1 months of spending at that rate. It employed 660 people.
Income and spending
Where the income comes from
- Donations 59%
- Legacies 8.1%
- Charitable activities 31%
- Investments 1.9%
- Other 0.5%
In the charity's own words
Centrepoint is the UK's leading charity for homeless young people. It supports more than 15,000 homeless 16-25 year olds into a home and a job every year. Centrepoint works directly in London, Manchester, Yorkshire and the North East of England, and partners with other organisations across the UK. We also influence government policy with the overall aim of ending youth homelessness.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Barking and Dagenham Giving | Essex | £63.1m |
| Mind (The National Association for Mental Health) | London | £63.7m |
| The Healthcare Management Trust | Durham | £62.9m |
| Care International UK | London | £64.1m |