The numbers: The Depaul Trust

The Depaul Trust works with young people in communities in the UK who are homeless, vulnerable and disadvantaged.

Total income - £7.4m for the year ending 31 December 2007, compared with £6.7m for the year before.

Highest salary - Three employees were paid more than £60,000.

Reserves policy - The charity wants to build general reserves over time to cover 12 per cent of annual spending. Based on this policy, the reserve at year-end 2006 was 36 per cent of the target, and 56 per cent at year-end 2007. Although the target reserve has not yet been met, the trustees consider it is big enough to avoid unacceptable disruption in the event of a downturn in income.

Fundraising costs - The charity spent £688,000 on generating funds, and this raised £1.7m, giving it a fundraising ratio of 41p in the pound. The previous year's ratio was 44p.

Pension - The charity offers a money-purchase pension scheme and contributes 5 per cent of pensionable earnings.

How performance is communicated - The trust's website (www.depaultrust.org) contains a lot of information about the charity's activities, but until recently it was not that easy to navigate. It has been temporarily revamped and will be overhauled completely early in 2009. The trustees' report and accounts are clear, presenting the year's activity in an accessible way. They compare what was achieved with earlier objectives. The accounts are available on the website.

The charity says: "Our mergers with Nightstop UK and CATalyst NE have helped to make us the largest UK youth homelessness charity. We now want to use this platform to make a radical impact on the lives of disadvantaged young people. Nearly two-thirds of statutory income was from Supporting People contracts, which did not always rise with inflation and thus put pressure on projects to reduce costs."

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