Who are headspace?
headspace “provides a holistic approach to supporting young people early in life through four core areas: mental health, physical (including sexual) health, alcohol and other drug services, and work and study support”.
headspace National, assessed here, lead the network of over 100 headspace centres operating across metropolitan, regional and rural areas of Australia and deliver eheadspace online and telephone support. 
They are a registered Australian charity. Their ABN is 26137533843.
Note: this is an assessment of Headspace National Youth Mental Health Foundation Ltd. The results may or may not be consistent with the results of organisations that licence the ‘headspace’ brand.
Why do they exist?
headspace want to improve health and mental health outcomes for young people in Australia. The have found that each year, one in four young Australians experience a mental health issue, and suicide remains the leading cause of death. 
They have a vision that "all young Australians are supported to be mentally healthy and engaged in their communities".
What do they do?
headspace National is focused on quality assurance and accreditation of headspace centres. headspace centres help young people access health workers and are designed with input from young people so they don't have the same look or feel as other clinical services.
headspace National also facilitate the following programs.
eheadspace: national online and phone support service, staffed by experienced youth mental health professionals. It provides young people and carers with a safe, secure and anonymous place to talk to a professional – wherever they are.
headspace in Schools: youth-specific mental health education tools and access to mental health specialists for young people in primary and secondary school students across Australia.
Digital Work and Study and Digital eMentoring: an online and phone service for young people aged 15-24 years who need support with their work or study issues.
lead agency for four headspace centres and one headspace Youth Early Psychosis Program (hYEPP) centre.
How do they earn their money?
How do they spend their money?
Should I donate to Headspace?
We believe that it is likely that your donation to headspace will be used as stated, that is, to provide a holistic approach to supporting young people early in life.
We believe that headspace is likely to be trustworthy. It is clear who they are run by and how donations are used. They present an audited financial report. It is clear who is in charge. Roles are described and performance is monitored. Finally, they demonstrate how they prevent the misuse of funds.
We also believe that it is likely that headspace is effective. They present overarching objectives, show activities and results from the last financial year, and review the quality of their services.
However, in order for us to have complete confidence that headspace use money to deliver the intended benefit, we recommend they:
provide further detail on their various sources of income (i.e. how much revenue do they receive for each key service)
present a description of the financial arrangement between headspace National and affiliated entities
report activities and results within the context of their strategy
describe the approach they use to understand the effectiveness of their strategy and programs.
WANT TO KNOW MORE?
We have investigated the finances, operations and results of Headspace and present our evaluation in a report that you can download now. This evaluation shows you how your donation is spent, who is running the organisation and whether there are any potential conflicts of interest. It also examines whether the charity can demonstrate that they are delivering meaningful results. Finally, it contains our recommendations for potential donors and the reasoning behind them.
Download our complete evaluation of Headspace below to find out if they're the charity for you.
Find out whether headspace is the charity for you. In this evaluation we describe what this charity does and why, what you should know about them, how your money is spent, who is running the organisation and whether they deliver results. Last of all, we recommend whether you should donate to them based on the findings of our analysis.
 Headspace National Youth Mental Health Foundation Annual Report 2017-18