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Your Own Place CIC

preventing homelessness

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May 15, 2018 By Rebecca White

Profit and what we do with it

As we finish the accounts for another year at Your Own Place we’re proud to report a small profit.

Many people, more attuned to the charitable sector, still struggle with the notion of profit in a mission-driven enterprise.

And that’s the point. We’re an enterprise. No, we don’t exist for our employees. Yes, we do exist for our young people. And we can only only achieve our mission with highly skilled employees. People and infrastructure cost money.

Our profit is 100% invested back into the business. It allows us to try new things, be flexible with young people, invest in young people and achieve our mission.

It’s been a good year!

Filed Under: News

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Contact our CEO Rebecca

rebecca@yourownplace.org.uk

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01603 611910
Your Own Place CIC
23 Johnson Place
Norwich
NR2 2SA

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