THE PENNIES FOUNDATION

Registered charity 1122489 · accounts filings on the Charity Commission register · also known as PENNIES

PROMOTING THE VOLUNTARY SECTOR BY ENCOURAGING AND FACILITATING CHARITABLE GIVING THROUGH THE USE OF TECHNOLOGY (IN PARTICULAR USING PENNIES THE DIGITAL CHARITY BOX (PENNIES) DESIGNED TO MAKE IT EASIER TO GIVE TO CHARITY, AND MONITORING THE USE OF THE FUNDS BY CHARITABLE ORGANISATIONS.

Causes: General Charitable Purposes · Other Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£16.4m
Latest spending
£16.3m
Registered
2008
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £1,496,202, which is within the trustees' stated target of maintaining at least nine months' operational expenditure (£1.2m). The charity reported a net income surplus of £98,246 for the year, with total incoming resources increasing by 22% to £11,450,284, driven largely by a first-year rise in micro-donations exceeding £10 million.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by RSM UK Audit LLP. Discloses 3 of 6 completeness components.

Public fundraising profile: JustGiving — Pennies (matched by registered charity number).

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2025)

Total income
£16.4m
Total spending
£16.3m
Reserves (reported)
£1.7m
Employees
22

Reported reserves equal ~1.2 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Ireland · Jersey · Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£16.4m£16.3m
31/12/2024£11.5m£11.4m
31/12/2023£9.4m£9.4m
31/12/2022£7.4m£7.6m
31/12/2021£6.5m£6.5m

Common questions

Is THE PENNIES FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £1,496,202, which is within the trustees' stated target of maintaining at least nine months' operational expenditure (£1.2m). The charity reported a net income surplus of £98,246 for the year, with total incoming resources increasing by 22% to £11,450,284, driven largely by a first-year rise in micro-donations exceeding £10 million. Its FY2024 accounts were audited by RSM UK Audit LLP.

Who funds THE PENNIES FOUNDATION?

Funders whose own accounts filings name THE PENNIES FOUNDATION as a grant recipient include THE PEARS FAMILY CHARITABLE FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE PEARS FAMILY CHARITABLE FOUNDATIONFY2025£300kCore funding

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PURI FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE PENNIES FOUNDATION£16.4m——unclear—no doubt
THE PURI FOUNDATION FY2025£5.3m—0above—no doubt
Founders Pledge Ltd FY2024£245.8m——unclear—no doubt
CENTRE FOR THE ACCELERATION OF SOCIAL TECHNOLOGY FY2025£1.0m£90,001 - £100,0002below—no doubt
THE ROBERT MCALPINE FOUNDATION FY2025£1.1m—0above—no doubt
PENINIM CHARITY TRUST FY2025£319k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.