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
Who They Help
- Financially disadvantaged people
- People with disabilities
- Unemployed persons
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
- Nicki Forrest
- Mark Gates
- Luke Terry
- Alexander Rose-miller
- DirectorPossibly also represents: Toowoomba Clubhouse Limited.
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- Registration Status
- Charity is registered.
- DGR Status
Donations can be claimed as a tax deduction.
- Office Address
166 Stephen St
- Operating States
- 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
07 4646 2600
- staff, employment, experience, mental illness, Harristown, qld