Finance Score: -4

Governance Score: 9

Support Score: 9

Poor Liquidity: -1
Strong growth: +2
Volatile income & significant deficit in latest year: -5

Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Large volunteers +3
Grant maker support: +6

Overall GiG Score: 14

PRO BONO ECONOMICS

Pro Bono Economics uses economics to empower the social sector and to increase wellbeing across the UK. We combine project work with individual charities and social enterprises with policy research that can drive systemic change. Experts and economists at PBE work on a wide range of issues related to wellbeing including mental health, education, employment, poverty, volunteering and civil society.

Analysis by Giving is Great

Positives:

This charity has been successful in attracting volunteers relative to its size
The charity has received backing from a grant maker recently
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity only provides its support via other charities

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
Income has been volatile recently and was significantly lower than spending in the latest year

Established: 15 years

www.probonoeconomics.com

info@probonoeconomics.com

02036322668

Charity Commission for England and Wales

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/22	£982	£1,569	£-587	£189	£432	£130	1	18	913
31/12/21	£1,484	£1,385	£99	£163	£1,018	£466	4	16	803
31/12/20	£1,399	£860	£538	£85	£919	£589	8.2	9	803
31/12/19	£1,006	£776	£230	£109	£381	£364	5.6	9	613
31/12/18	£787	£784	£3	£128	£151	£151	2.3	7	500
31/12/17	£282	£417	£-135	£0	£0	£0	n/a	0	0
31/12/16?	£537	£419	£118	£83	£284	£284	8.1	5	0
30/06/15	£269	£185	£83	£0	£0	£0	n/a	0	0
30/06/14	£153	£154	£-2	£0	£0	£0	n/a	0	0
30/06/13	£118	£158	£-40	£0	£0	£0	n/a	0	0
30/06/12	£189	£126	£63	£0	£0	£0	n/a	0	0
30/06/11	£126	£103	£23	£0	£0	£0	n/a	0	0
30/06/10	£58	£20	£38	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 19.2%
Fundraising Costs/Total Spending: 12%
Senior Staff Costs/Total Spending: 10%
Highest pay band: £120,000-£130,000
Liabilities/Assets: 15%
Liabilities/Income: 8%
Unrestricted Funds/Total Funds: 30%
Reserves/Spending: 1 months
Net Current Assets/Spending: 3 months
Quick Ratio: 4.8

Asset Split ?

Listed activities

Economic/Community Development/Employment
Education/Training
General Charitable Purposes

How it operates

Provides advocacy/advice/information
Provides human resources
Provides services
Sponsors or undertakes research

Where it operates

Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

Other Charities Or Voluntary Bodies

Who works here?

18 employees
913 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
City Bridge Trust - Grant to Pro Bono Economics
£100,000	14/09/2021 24	£100,000 over two further and final years (£50,000, £50,000) towards associated project costs to support charitable organisations providing services for Londoners.
City Bridge Trust - Grant to Pro Bono Economics
£150,000	06/07/2018 36	£150,000 over three years (£30,000, £50,000, £70,000) for associated project costs to support charitable organisations providing services for Londoners.
Garfield Weston Foundation - Multi-Year Grant (2 Years) award
£30,000	12/12/2017	Pro Bono Economics: funding impact in the charity sector
Dulverton Trust - Blueprint for Impact: Adventure Leadership
£5,000	24/10/2017	Blueprint for Impact: Adventure Leadership
Power to Change - Pro Bono Economics
£110,000	01/07/2017 29	Grant to Pro Bono Economics
Barrow Cadbury Trust - Funding a new CRM (database) for Pro Bono Economics
£22,500	08/03/2017 10	To provide essential infrastructure to enable PBE to make a step change in its impact.
Barrow Cadbury Trust - Grant towards core costs of expanded team over 3 years
£30,000	26/10/2013	Grant towards core costs of expanded team over 3 years
Esmee Fairbairn - Grant to Pro Bono Economics
£90,000	28/03/2012	Towards core costs to build capacity within the sector in the area of economic impact measurement.
Esmee Fairbairn - Grant to Pro Bono Economics
£35,000	10/02/2010 12	Towards Core costs Towards the salary and costs of the director.

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)

Current Trustees appointed

Gender Split

Based on 10/11 persons

Age Range of Trustees: 43-71

MICHELE OLIVER Appointed: 2023, Occupation: Global Vp- Corporate Brand & Purpose

AKIKO MARGARET HART Appointed: 2023, Occupation: Interim Director

DR RUBINA AHMED Appointed: 2021, Occupation: Associate Director For Systems Engagement

JONATHAN LOYNES Appointed: 2023, Occupation: Economist

DAMIEN REGENT Appointed: 2018, Occupation: Company Director

EDWARD HUMPHERSON Appointed: 2018, Occupation: Director General For Regulation

GUS O'DONNELL (Chair) Appointed: 2016, Occupation: Peer Of The Realm

JENNIFER JANE SCOTT Appointed: 2018, Occupation: Communications Consultant

MATTHEW JAMES BRUMSEN Appointed: 2014, Occupation: Wealth Management Advisor, Other trusteeship: IFORD AND KINGSTON SCHOOL FUND,

BELINDA PHIPPS Appointed: 2018, Occupation: Non Executive Director, Other trusteeship: COLLECTIVE VOICE,

DAVID JOHN GREGSON Appointed: 2018, Occupation: Co Chairman, Trustee And Advisor, Other trusteeships: THE INSTITUTE FOR FISCAL STUDIES, THE GREGSON FAMILY FOUNDATION,

Legal constitution

Charitable company registered in England & Wales on 15/07/2009, number: 1130567
Registered at Companies House on 17/03/2009, number: 06849844

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

13 returns made; all on time

Main office

Pro Bono Economics,
The Factory,
120 London Road
London
SE1 6LF

Objectives

3. THE OBJECTS OF THE CHARITY ARE TO:3.1 PROMOTE THE EFFICIENCY AND EFFECTIVENESS OF CHARITIES AND THE EFFECTIVE USE OFCHARITABLE RESOURCES FOR THE BENEFIT OF THE PUBLIC IN PARTICULAR BY PROVIDINGANALYTICAL ECONOMIC ASSISTANCE AND ADVICE TO THE CHARITABLE SECTOR; AND3.2 ADVANCE THE EDUCATION OF THE PUBLIC IN THE UNITED KINGDOM OF GREAT BRITAIN ANDNORTHERN IRELAND IN SUBJECTS RELATING TO CIVIL SOCIETY, AND FOR THAT PURPOSE TO:3.2.1 CONDUCT OR COMMISSION RESEARCH INTO CIVIL SOCIETY;3.2.2 COORDINATE, DELIVER, ORGANISE AND ASSIST IN THE PROVISION OF COURSES OFEDUCATION, CONFERENCES, SEMINARS, LECTURES AND OTHER EDUCATIONALEVENTS AND ACTIVITIES RELATED TO CIVIL SOCIETY; AND3.2.3 SUPPORT ALL FORMS OF CIVIL SOCIETY ORGANISATIONS.THE TERM “CIVIL SOCIETY” MEANS THE PEOPLE, CHARITIES, GROUPS, COMMUNITIES AND OTHERORGANISATIONS THAT FORM THE VOLUNTARY SECTOR AND OPERATE OUTSIDE OF THE PUBLIC ANDPRIVATE SECTORS AND ON A NOT-FOR-PROFIT BASIS, AND SHALL, FOR THE AVOIDANCE OF DOUBT, NOTINCLUDE POLITICAL PARTIES AND OTHER BODIES WHOSE PURPOSE IS PRIMARILY POLITICAL.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, NATIONAL

Data Sources