RAINBOW HOME NORTH
We work with LGBTQ plus people seeking asylum and those who have been granted leave to remain but are unsettled. Based in Newcastle, we cover the North East region. We provide social opportunities where members can meet safely and enjoy each other's company. We work one-to-one with each member helping to provide detailed case information.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £76,538, which exceeds its stated policy target of maintaining free reserves equivalent to at least eight months of working expenditure. The trustees report that the charity is dependent on grant funding and is currently expanding reserves above planned amounts to mitigate the risk of funding ceasing.
What the accounts disclose
“The Board will ensure that Rainbow Home has free reserves on hand, not designated for specific purposes or otherwise committed, equivalent to not less than 8 months working expenditure.” — page 7
Trustees
- Richard Douglas Rhodeschair
- JACQUELINE JOBSON
- Jeannie Fraser
- Patrick Ngabonziza
- Shervin Khademi Nouri
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £54k | £51k |
| 31/03/2024 | £45k | £28k |
| 31/03/2023 | £56k | £37k |
| 31/03/2022 | £55k | £43k |
| 31/03/2021 | £63k | £32k |
Common questions
Is RAINBOW HOME NORTH financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £76,538, which exceeds its stated policy target of maintaining free reserves equivalent to at least eight months of working expenditure. The trustees report that the charity is dependent on grant funding and is currently expanding reserves above planned amounts to mitigate the risk of funding ceasing. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The Mercers' Company | 30/04/2025 | £80k | Grant to Rainbow Home North East England |
| UK government | 22/07/2020 | £10k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 29/11/2018 | £10k | Thrive - Mental Health & Wellbeing |