PNE FOUNDATION

Registration #1161643 · Registered

PROJECT NORTH EAST TURNERS BUILDING NE1 5DW

70
out of 100
Verified

Over the next ten years the Foundation's strategy will be to focus primarily on increasing access to enterprise for young people in the North East of England through the provision of funding for projects and activities that support young people to consider self-employment as a realistic career option.

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About PNE FOUNDATION

PNE FOUNDATION is a registered charity in England and Wales (registration number 1161643). Based on official Charity Commission data, it holds a "Verified" rating with a CharityScore of 70/100 — a well-rated and transparent charity that meets strong governance standards. This indicates a reliable charity with strong fundamentals across most of our assessment criteria. In its most recent reporting year (2024), PNE FOUNDATION reported a total income of £15,226 and total expenditure of £42,462, a spending ratio of 279% indicating a strong proportion of funds directed to charitable work. According to the Charity Commission register, PNE FOUNDATION describes its activities as follows: Over the next ten years the Foundation's strategy will be to focus primarily on increasing access to enterprise for young people in the North East of England through the provision of funding for projects and activities that support young people to consider self-employment as a realistic career option. Our analysis has identified 1 high-severity concern for this charity. We recommend reviewing the detailed flags below before donating. This profile is based on data publicly available from the Charity Commission for England and Wales and is updated periodically as new filings are processed. CharityScore UK provides independent, data-driven transparency ratings to help donors give with confidence — we are not affiliated with this charity or any government body.

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⚠️ Red Flags (1)

High
Financial: Spending £42,462 vs income £15,226 — ratio 2.8x

Score Breakdown

Trustees & Governance25 / 25
Financial Health10 / 25
Filing History & Transparency15 / 30
Regulatory Standing10 / 10

Financial History

Latest spending ratio: 278.9% of income spent on charitable work

YearIncomeSpendingRatio
2024£15,226£42,462279%

Data sourced from the Charity Commission for England & Wales · Last scored 6/11/2026