NATIONAL ZAKAT FOUNDATION (NZF)

Registered charity 1153719 · accounts filings on the Charity Commission register

National Zakat Foundation (NZF) is a national charity which enables local Muslims to connect their Zakat to those who need it in the UK. NZF provides support to individuals and families in need through grants for Hardship Relief, Housing & Work, and Education.NZF also helps educate Zakat givers about calculating and giving Zakat correctly.

Causes: The Prevention Or Relief Of Poverty · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£10.2m
Latest spending
£8.9m
Registered
2013
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a net incoming resource surplus of £1,285,964 for the year ended 31 December 2024, with total unrestricted reserves of £2,118,953. Per the trustees' report, these unrestricted reserves exceed the stated policy target of three months of non-distribution costs, which was set at £678,000 for the year. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£130k)
“The number of employees with emoluments between £60,000 to £70,000 per annum” — page 54
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 2
“The number of employees with emoluments between £60,000 to £70,000 per annum” — page 54
Per its FY2024 accounts as filed with the Charity Commission.
Largest income source: Zakat (79% of income)
“The main source of our income was Zakat, comprising £8,011,147 (2023: £7,108,873).”
Per its FY2024 accounts as filed with the Charity Commission.
Fundraising cost ratio: 6.7% of fundraised income, as disclosed
“The cost of raising funds was a further 6.7% (2023: 6.3%) of total spending, covered entirely by Sadaqah and Gift Aid funds.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: License and service fees paid to NZF Worldwide, a related entity where a former trustee is CEO/Director.
“In 2024, NZF paid £24,000 (2023: £24,000) to NZF Worldwide in License Fees as part of a brand licensing agreement and £24,000 (2023: £28,494) to NZF Worldwide as part of a Service Level Agreement. A further £30,000 was paid in 2024 in relation to 2023 expenditure.” — page 59
“During 2024, NZF entered into two investment arrangements through OFFA, a related party. As at end of the year, £111,272 was held with OFFA as investments and income of £3,943 was received in the year.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Investment arrangements with OFFA Holdings Limited, a company where a trustee is a director.
“In 2024, NZF paid £24,000 (2023: £24,000) to NZF Worldwide in License Fees as part of a brand licensing agreement and £24,000 (2023: £28,494) to NZF Worldwide as part of a Service Level Agreement. A further £30,000 was paid in 2024 in relation to 2023 expenditure.” — page 59
“During 2024, NZF entered into two investment arrangements through OFFA, a related party. As at end of the year, £111,272 was held with OFFA as investments and income of £3,943 was received in the year.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Income received through Mercy Mission, an organization where a former trustee is CEO.
“In 2024, NZF paid £24,000 (2023: £24,000) to NZF Worldwide in License Fees as part of a brand licensing agreement and £24,000 (2023: £28,494) to NZF Worldwide as part of a Service Level Agreement. A further £30,000 was paid in 2024 in relation to 2023 expenditure.” — page 59
“During 2024, NZF entered into two investment arrangements through OFFA, a related party. As at end of the year, £111,272 was held with OFFA as investments and income of £3,943 was received in the year.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

Corporate structure

Public fundraising profile: JustGiving — National Zakat Foundation (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.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

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

Structured financials (annual return, FY ending 31/12/2024)

Total income
£10.2m
Total spending
£8.9m
Cost of raising funds
£662k
Reserves (reported)
£2.1m
Employees
35

Reported reserves equal ~2.9 months of spending — below the median 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: 6.5% of total income — above the median for charities its size (3.8%) (benchmarks).

Register events

Trustees · trustee networks

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

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

Income and spending

Financial year endIncomeSpending
31/12/2024£10.2m£8.9m
31/12/2023£9.0m£9.7m
31/12/2022£7.8m£7.5m
31/12/2021£6.3m£5.7m
31/12/2020£6.3m£5.2m

Common questions

Is NATIONAL ZAKAT FOUNDATION (NZF) financially healthy?

Per its FY2024 accounts: The accounts state that the charity generated a net incoming resource surplus of £1,285,964 for the year ended 31 December 2024, with total unrestricted reserves of £2,118,953. Per the trustees' report, these unrestricted reserves exceed the stated policy target of three months of non-distribution costs, which was set at £678,000 for the year. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Sayer Vincent LLP.

What does the highest-paid employee of NATIONAL ZAKAT FOUNDATION (NZF) earn?

Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 2 employees earned over £60,000.

Who funds NATIONAL ZAKAT FOUNDATION (NZF)?

Funders whose own accounts filings name NATIONAL ZAKAT FOUNDATION (NZF) as a grant recipient include PRISM THE GIFT FUND.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
PRISM THE GIFT FUNDFY2024£664kEnd Poverty and Hunger

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
City Bridge Foundation09/07/2015£17kGrant to National Zakat Foundation

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 M Z AND K Z SHAH FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
NATIONAL ZAKAT FOUNDATION (NZF)£10.2m£60,001 - £70,0002unclear6.7%no doubt
M Z AND K Z SHAH FOUNDATION FY2024£141k—0unclear—no doubt
ZARINA FOUNDATION FY2025£176k—0unclear—no doubt
ABU ZAHRA FOUNDATION FY2024£1.9m—0unclear—no doubt
CHILDREN OF ADAM FY2025£2.4m—0above—no doubt
ZIA UL UMMAH FOUNDATION FY2024£267k—0below—no doubt

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