Newcastle-based Tyneside Cyrenians was recommended by New Philanthropy Capital (NPC) in a report that examines the causes of homelessness.
The Lost Property report said: "Tyneside Cyrenians is a dynamic and ambitious organisation, which is develop
ing new work that benefits its clients and contributes to the knowledge base of the sector.
"Initial evidence is promising, and services appear well-designed and run by experienced and committed staff."
Tyneside Cyrenians supports vulnerable people with varied and complex needs, helping them to establish a routine, earn industry-recognised qualifications and secure employment.
Martin Brookes, chief executive of NPC, said: "Helping homeless people to secure a job is vital if we are serious about reducing the problem.
"Donors should support charities like Tyneside Cyrenians, which work with homeless people in innovative ways that make a real difference."
NPC advises on a range of charitable good causes and highlights the work of 144 charities nationally across a range of needs such as community, education, health and disability, the environment and international matters.
Each NPC charity recommendation can be found at
www.philanthropycapital.org/research.
Stephen Bell, chief executive of Tyneside Cyrenians, said: "Clearly we are delighted that our work has been endorsed by New Philanthropy Capital.
"The news that we are to join their recommended list has given the whole organisation a real boost.
"Our staff are tremendous.
"They are committed and hard working. This is a tribute to them and their continued success."