Purpose Enterprises Limited

Also known as “Vanguard Laundry Services”, Purpose Enterprises Limited is a large-scale charity established in 2014. Their main activity is registered as employment and training primarily serving unemployed persons.

- we provide staff with a lived experience of mental illness an opportunity for paid employment and skills development - we support these staff in their journey to transition to their next employer with the right skill-set in place to succeed

Purpose Enterprises Limited

Who They Help

  • Financially disadvantaged people
  • People with disabilities
  • Unemployed persons

Employees

Full-time
12
Part-time
6
Casual
24
Volunteers
10

Total employee expenses: $682,528 (30% of revenue).
Average full-time equivalent salary: $27,301.

Revenue vs Expenses

Purpose Enterprises Limited has seen an average annual growth of 16% in revenue versus a 375% p.a. increase in expenses. This imbalance can sometimes mean a challenge for long-term financial management.

Assets vs Liabilities

As of 2018, Purpose Enterprises Limited has a debt-to-equity (D/E) ratio of 0.11. This is considered safer than average within the charity space.

Sources of Revenue

Sources of Expense

Responsible People

Nicki Forrest
Other
Mark Gates
Director
Luke Terry
Director
Alexander Rose-miller
Director
Possibly also represents: Toowoomba Clubhouse Limited.

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ABN
94602965499
Registration Status
Charity is registered.
DGR Status
Endorsed

Donations can be claimed as a tax deduction.

Office Address
166 Stephen St
Harristown
QLD 4350
Australia
Operating States
QLD
Entity Type
Australian Public Company

A company is a non-individual client type. Company is defined to include a body corporate and any other unincorporated association or body of persons but does not include a partnership or a non-entity joint venture. Public Benevolent Institution

Contacts
07 4646 2600
[email protected]

Website
Categories
staff, employment, experience, mental illness, Harristown, qld