FINANCE INNOVATION LAB

Registered charity 1165269 · accounts filings on the Charity Commission register · also known as FILAB; THE LAB

THE FINANCE INNOVATION LAB WORKS FOR A FINANCIAL SYSTEM THAT SERVES PEOPLE AND PLANET - ONE THAT IS DEMOCRATIC, RESPONSIBLE AND FAIR. WE DO THIS BY FINDING, CONNECTING AND BUILDING THE IMPACT OF INNOVATORS, CAMPAIGNERS AND INTRAPRENEURS (PROFESSIONALS SEEKING TO TRANSFORM THEIR ORGANISATIONS).

Objects

THE PROMOTION OF ETHICAL PRINCIPLES IN FINANCIAL SYSTEMS FOR THE PUBLIC BENEFIT (INCLUDING BUT NOT LIMITED TO) BY:1. ADVANCING EDUCATION AND PROMOTING RESEARCH INTO THE UK AND INTERNATIONAL FINANCIAL SYSTEMS AND THEIR CONSTITUENT ELEMENTS INCLUDING IN PARTICULAR, AREAS OF CHANGE AND INNOVATION WITHIN THOSE SYSTEMS, EMERGENT TRENDS, NEW FINANCIAL BUSINESS MODELS AND IMPACTS OF INVESTMENTS ON SOCIETY AND THE ENVIRONMENT; AND PUBLISHING OR OTHERWISE DISSEMINATING THE RESULTS OF SUCH RESEARCH AND PROVIDING A FORUM FOR ITS DISCUSSION;2. PROMOTING SUSTAINABLE DEVELOPMENT BY:(A) PROMOTING THE PRESERVATION AND CONSERVATION OF THE NATURAL ENVIRONMENT AND THE PRUDENT USE OF NATURAL RESOURCES AND ECOLOGICAL PROCESSES; AND(B) PROMOTING SUSTAINABLE MEANS OF ACHIEVING ECONOMIC PROGRESS AND REGENERATION.IN THIS CONTEXT, "SUSTAINABLE DEVELOPMENT" MEANS DEVELOPMENT THAT MEETS THE NEEDS OF THE PRESENT GENERATION WITHOUT COMPROMISING THE ABILITY OF FUTURE GENERATIONS TO MEET THEIR NEEDS.3. RELIEVING POVERTY AND IMPROVING THE CONDITIONS OF LIFE IN SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Environment/conservation/heritage · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: Lambeth, London, England (from the postcode on the register)

Latest income
£738k
Latest spending
£795k
Registered
2016
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit for the year, with unrestricted reserves falling to £221,541. The trustees consider this level of reserves appropriate, noting it represents 3.8 months of salary costs against a policy target of at least three months. The organization is continuing operations with no material uncertainties identified regarding its going concern status.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months’ of salary costs but no more than six month’s worth of total budgeted expenditure (held: £222k)
“Our target is to maintain reserves at a level that is at least equivalent to three months’ of salary costs but no more than six month’s worth of total budgeted expenditure.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/12/2025

  • Employees paid over £60,000: 2 (£60,001–£70,000: 2)

Self-declared on the annual return for the financial year ending 31/12/2024

  • Employees paid over £60,000: 3 (£60,001–£70,000: 2; £70,001–£80,000: 1)

Self-declared on the annual return for the financial year ending 31/12/2023

  • Employees paid over £60,000: 1 (£70,001–£80,000: 1)

Source: this charity’s annual returns on the Charity Commission register.

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

Total income
£738k
Total spending
£795k
Cost of raising funds
£71k
Reserves (reported)
£222k
Employees
11

Reported reserves equal ~3.3 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (97% 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: 9.6% of total income — above the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales · United States

Income and spending

Financial year endIncomeSpending
31/12/2025£738k£795k
31/12/2024£860k£703k
31/12/2023£833k£829k
31/12/2022£803k£742k
31/12/2021£563k£457k

Common questions

Is FINANCE INNOVATION LAB financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net deficit for the year, with unrestricted reserves falling to £221,541. The trustees consider this level of reserves appropriate, noting it represents 3.8 months of salary costs against a policy target of at least three months. The organization is continuing operations with no material uncertainties identified regarding its going concern status. Its FY2025 accounts were independently examined.

Who funds FINANCE INNOVATION LAB?

Funders whose own accounts filings name FINANCE INNOVATION LAB as a grant recipient include FRIENDS PROVIDENT CHARITABLE FOUNDATION, THE JOSEPH ROWNTREE CHARITABLE TRUST, TRUST FOR LONDON, JOFFE CHARITABLE TRUST CIO, JOHN ELLERMAN FOUNDATION.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
FRIENDS PROVIDENT CHARITABLE FOUNDATIONFY2023£250kCore Funding
FRIENDS PROVIDENT CHARITABLE FOUNDATIONFY2025£205kCross-party sustainability and finance
THE JOSEPH ROWNTREE CHARITABLE TRUSTFY2025£189kCore costs: Transforming finance for people and the planet
TRUST FOR LONDONFY2024£120kEnding the poverty premium
JOFFE CHARITABLE TRUST CIOFY2024£112k
FRIENDS PROVIDENT CHARITABLE FOUNDATIONFY2023£100kCore funding in support of Finance Innovation Lab’s work
JOHN ELLERMAN FOUNDATIONFY2025£100kTowards core costs to convene and coordinate the Fair Banking for All Coalition
THE J J CHARITABLE TRUSTFY2022£50kTowards Director of Programmes and Community Power Building role.
FRIENDS PROVIDENT CHARITABLE FOUNDATIONFY2022£50kGrant increase (core funding)
JOFFE CHARITABLE TRUST CIOFY2025£35kGrants to institutions
THE BARROW CADBURY TRUSTFY2024£30kEconomic Justice
JOFFE CHARITABLE TRUST CIOFY2021£25k
JOFFE CHARITABLE TRUST CIOFY2022£25k
NETWORK FOR SOCIAL CHANGE CHARITABLE TRUSTFY2022£20kEconomic Justice Pool
NETWORK FOR SOCIAL CHANGE CHARITABLE TRUSTFY2023£19kFast Track
NETWORK FOR SOCIAL CHANGE CHARITABLE TRUSTFY2025£18kPool/Fast Track
JOFFE CHARITABLE TRUST CIOFY2023£17k
FRIENDS PROVIDENT CHARITABLE FOUNDATIONFY2021£3kPower paired

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 YOUNG FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
FINANCE INNOVATION LAB£738k——unclear—no doubt
THE YOUNG FOUNDATION FY2025£4.0m£110,001 - £120,00014above—no doubt
INSTITUTE FOR THE FUTURE OF WORK FY2025£993k—0unclear—no doubt
THE CHARITY FINANCE GROUP FY2025£2.0m——within—no doubt
CENTER ON LONG-TERM RISK FY2024£1.5m——above—no doubt
FOUNDATION FOR SCIENCE AND TECHNOLOGY FY2025£278k——unclear—no doubt

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