Charity generates £11 on every £1 invested, says study
Published by Anonymous for 24dash.com in Communities and also in Health, Housing
Charity generates £11 every £1 invested, says study
Homelessness charity Emmaus generates £11 in social, environmental and economic return for every £1 invested, a recent report has revealed.
The Social Return on Investment (SROI) study found that the nationwide charity's model has been successful in providing a place for people in vulnerable housing situations to rebuild their lives by offering them work and support. The most significant benefits relate to improvements in residents' physical and mental health.
Other social benefits have included a drop in substance abuse, the rebuilding of relationships with family and friends and reductions in offending.
It was discovered that Emmaus Communities save the taxpayer £6 million a year. The study forecast the value of savings to local and national government made by the 21 communities included in the research, finding that Emmaus' work led to fewer rough sleepers and a reduction in people claiming benefits.
The study was launched at the House of Lords on 9 November and was hosted by Lord Adebowale of Thornes. The event was attended by Terry Waite, Emmaus UK President, Leader of the House of Commons Andrew Lansley and representatives from government and third sector organisations.
Emmaus' 23 communities across the UK provide homes and work for more than 550 formerly homeless people.
The research was led by Eilís Lawlor from the social and economic research company Just Economics. She said: “The majority of residents that we spoke to had spent time on the street, in prison, or both. Our conversations with residents revealed some very significant accounts of change; more than one person told us they would probably be dead if they had not come to Emmaus.”
Peter, an Emmaus resident who was interviewed as part of the research, said: “At Emmaus, an important part of tackling your problems is that you build a routine around work – you need to get up and go to work and you have to get settled into a pattern to do this. If you have some meaningful work to do, you don’t focus on your problems so much. At Emmaus you eat well, work and exercise. It builds up your strength and brings you back to life."