FULL FACT
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Financial health, per its FY2024 accounts
The charity reported a surplus of £83,569 for the year ended 31 December 2024, reversing a deficit from the previous year. Total unrestricted reserves stood at £1,178,863, which the trustees state is equivalent to 4.1 months of projected running costs. The accounts note uncertainty regarding future internet company income but confirm the charity has secured over 70% of its budgeted income for the following year.
What the accounts disclose
“It remains the charity’s policy to aim to maintain unrestricted reserves of between 4 months (£1,149,346) and up to 6 months (£1,724,019) of projected 2025 running costs.” — page 8
“In the year ended 31 December 2024 the Charity received donations totalling £nil from The M J Samuel Charitable Trust (2023: £25,000). Mr M J Samuel served on the Board of Trustees of Full Fact and The M J Samuel Charitable Trust throughout the period.” — page 36
“In the year ended 31 December 2024 the Charity received donations totalling £25,000 from The Peter Samuel Charitable Trust (2023: £nil). Mr M J Samuel served on the Board of Trustees of Full Fact and The Peter Samuel Charitable Trust throughout the period.” — page 36
“In the year ended 31 December 2024 the Charity received donations totalling £nil from The M J Samuel Charitable Trust (2023: £25,000). Mr M J Samuel served on the Board of Trustees of Full Fact and The M J Samuel Charitable Trust throughout the period.” — page 36
“In the year ended 31 December 2024 the Charity received donations totalling £25,000 from The Peter Samuel Charitable Trust (2023: £nil). Mr M J Samuel served on the Board of Trustees of Full Fact and The Peter Samuel Charitable Trust throughout the period.” — page 36
“In the year ended 31 December 2024 the Charity received donations totalling £nil from The M J Samuel Charitable Trust (2023: £25,000). Mr M J Samuel served on the Board of Trustees of Full Fact and The M J Samuel Charitable Trust throughout the period.” — page 36
“In the year ended 31 December 2024 the Charity received donations totalling £25,000 from The Peter Samuel Charitable Trust (2023: £nil). Mr M J Samuel served on the Board of Trustees of Full Fact and The Peter Samuel Charitable Trust throughout the period.” — page 36
Leadership, per the charity’s website
- Chris Morris — Chief Executive Officer
Funders the charity credits
- Hosting UK
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (08/12/2023)
Trustees
- Sarah Frances Walkerchair
- Anand Menon
- Anna Cook
- Antonia Mary Cox
- Baroness Janet Royall
- Claire Wardle
- Dr Claire Helen Melamed
- James Paul Harding
- LORD INGLEWOOD
- Tim Gordon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.9m | £2.8m |
| 31/12/2023 | £2.6m | £2.8m |
| 31/12/2022 | £2.5m | £2.5m |
| 31/12/2021 | £2.4m | £2.4m |
| 31/12/2020 | £2.3m | £2.0m |
Common questions
Is FULL FACT financially healthy?
Per its FY2024 accounts: The charity reported a surplus of £83,569 for the year ended 31 December 2024, reversing a deficit from the previous year. Total unrestricted reserves stood at £1,178,863, which the trustees state is equivalent to 4.1 months of projected running costs. The accounts note uncertainty regarding future internet company income but confirm the charity has secured over 70% of its budgeted income for the following year. Its FY2024 accounts were audited by MHA.
Who funds FULL FACT?
Funders whose own accounts filings name FULL FACT as a grant recipient include THE MOHN WESTLAKE FOUNDATION, THE HEALTH FOUNDATION, THE NUFFIELD FOUNDATION, THE PEARS FAMILY CHARITABLE FOUNDATION, JOHN ELLERMAN FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MOHN WESTLAKE FOUNDATION | FY2022 | £775k | |
| THE HEALTH FOUNDATION | FY2022 | £496k | Other (Includes Cross-cutting and COVID-19 grants) |
| THE NUFFIELD FOUNDATION | FY2024 | £308k | Full Fact: Evidence-based responses to harmful misinformation |
| THE MOHN WESTLAKE FOUNDATION | FY2024 | £250k | |
| THE PEARS FAMILY CHARITABLE FOUNDATION | FY2022 | £150k | unrestricted funding. |
| JOHN ELLERMAN FOUNDATION | FY2023 | £150k | Towards core costs supporting Full Fact’s work aiding people who want to tackle poor information in areas they care about |
| THE PEARS FAMILY CHARITABLE FOUNDATION | FY2022 | £150k | Core funding |
| THE DULVERTON TRUST | FY2023 | £105k | Core Funding |
| THE NUFFIELD FOUNDATION | FY2024 | £73k | Full Fact: Evidence-based responses to harmful misinformation |
| THE DULVERTON TRUST | FY2026 | £40k | Core Costs |
| COLEFAX CHARITABLE TRUST | FY2022 | £25k | |
| THE REED FOUNDATION | FY2022 | £25k | Christmas Challenge |
| Tinsley Charitable Trust | FY2025 | £20k | |
| HIGHWAY ONE TRUST | FY2021 | £15k | |
| HIGHWAY ONE TRUST | FY2022 | £10k | |
| Tinsley Charitable Trust | FY2023 | £10k | |
| HIGHWAY ONE TRUST | FY2023 | £10k | |
| Tinsley Charitable Trust | FY2024 | £10k | |
| THE EVAN CORNISH FOUNDATION | FY2023 | £5k | |
| THE M J SAMUEL CHARITABLE TRUST | FY2022 | £5k | |
| GOOD THINKING | FY2024 | £4k | support the team of independent fact checkers and campaigners who find and expose bad information and counter the harm it does |
| GOOD THINKING | FY2025 | £4k | To support the team of independent fact checkers and campaigners who find and expose bad information and counter the harm it does. |
| GOOD THINKING | FY2023 | £4k | support the team of independent fact checkers and campaigners who find and expose bad information and counter the harm it does. |
| GOOD THINKING | FY2022 | £4k | To support the team of independent fact checkers and campaigners who find and expose bad information and counter the harm it does. |
| MISS E F RATHBONE CHARITABLE TRUST | FY2023 | £3k | National |
| PETER SAMUEL CHARITABLE TRUST | FY2025 | £2k | |
| MISS E F RATHBONE CHARITABLE TRUST | FY2024 | £1k | National |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
| ROSCA TRUST | 1 | £132k |
| THE TOY TRUST | 1 | £86k |
| THE MRS SMITH AND MOUNT TRUST | 1 | £7k |
Charities like this
- NEW PRODUCERS FOR SUSTAINABLE ENERGY
- PUBLISH WHAT YOU FUND
- 1692
- WCCF LTD
- Safe Steps
- FULLNESS OF CHRIST FOR ALL NATIONS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FULL FACT | £2.9m | — | — | within | — | no doubt |
| NEW PRODUCERS FOR SUSTAINABLE ENERGY | £275k | — | 0 | below | — | no doubt |
| PUBLISH WHAT YOU FUND | £781k | £80,001 - £90,000 | 1 | unclear | — | no doubt |
| 1692 | £462k | — | 0 | within | — | no doubt |
| WCCF LTD | £967k | — | 0 | above | — | no doubt |
| Safe Steps | £1.7m | — | 0 | above | — | no doubt |