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GREATER CHANGE FOUNDATION

Registered charity 1188164 · accounts filings on the Charity Commission register · also known as GCF

The Greater Change Foundation provides flexible financial support to people experiencing homelessness, helping them take big long-term steps out of homelessness.We work with partner charities and their support workers to empower our clients to create a plan for how they want to get out of homelessness; and work to enable this plan by helping them to overcome the financial barriers they face.

Causes: Disability · The Prevention Or Relief Of Poverty · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£1.2m
Latest spending
£1.2m
Registered
2020
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total operational costs were £182,068 with £1m released directly to clients, maintaining a cost-effective model. The charity holds free reserves of £326,429, which the trustees confirm represents just over three months of projected expenditure, meeting their stated policy target. The trustees express confidence in the organization's financial resilience and ability to sustain operations.

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

What the accounts disclose

Largest income source: none
“£1,311 of these costs are funded by the Greater Change Foundation. A further £86 funded by the Greater Change Community Interest Company.”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three to six months of projected total expenditure (held: £326k)
“The Trustees aim to maintain free reserves equivalent to three to six months of projected total expenditure.” — page 34
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Paul Murray, a Trustee, is also a major donor to the charity.
“Paul is also a major donor to Greater Change, in addition to his work on its Board of Trustees.”
Per its FY2025 accounts as filed with the Charity Commission.

Discloses 4 of 6 completeness components.

Corporate structure

GREATER CHANGE COMMUNITY INTEREST COMPANY — per its own Companies House accounts
  • Turnover: £504k
  • Profit before tax: £141k
  • Donated/gift-aided to the charity: £78k
“A donation of £77,939 (2024: £Nil) for overhead costs were given to Greater Change Foundation, a trust registered in England and Wales, in which J Tan and A McCallion are trustees.”

Public fundraising profile: JustGiving — Greater Change 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.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

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

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.2m
Total spending
£1.2m
Cost of raising funds
£3k
Reserves (reported)
£326k
Employees
4

Reported reserves equal ~3.3 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (99% 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: 0.3% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£1.2m£1.2m
31/03/2024£550k£188k
31/03/2023£235k£319k
31/03/2022£249k£282k
31/03/2021£227k£97k

Common questions

Is GREATER CHANGE FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that total operational costs were £182,068 with £1m released directly to clients, maintaining a cost-effective model. The charity holds free reserves of £326,429, which the trustees confirm represents just over three months of projected expenditure, meeting their stated policy target. The trustees express confidence in the organization's financial resilience and ability to sustain operations.

Who funds GREATER CHANGE FOUNDATION?

Funders whose own accounts filings name GREATER CHANGE FOUNDATION as a grant recipient include Richmond Foundation, SEAVIEW CHARITABLE TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
Richmond FoundationFY2024£15kGateway grant
SEAVIEW CHARITABLE TRUSTFY2026£10k

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.

FunderSimilar charities fundedAmount to them
LANDAID CHARITABLE TRUST LIMITED3£118k
THE BERKELEY CHARITABLE FOUNDATION1£1.7m
THE ORDER OF FRIARS MINOR1£1.0m
SOCIAL BUSINESS TRUST1£844k
THE PERMIRA FOUNDATION1£203k
THE WESTMINSTER FOUNDATION1£183k
CHARITY OF SIR RICHARD WHITTINGTON1£134k
ROYAL DOCKS TRUST (LONDON)1£120k

Charities like this

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

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
GREATER CHANGE FOUNDATION£1.2m—0unclear—no doubt
CHANGE PLEASE FOUNDATION FY2025£1.6m—0above—no doubt
London Homelessness Foundation FY2025£781k—0unclear—no doubt
THE CHANGE FOUNDATION FY2025£1.3m——unclear—no doubt
STREETS OF LONDON FY2025£482k—0unclear—no doubt
Your Place (London) Limited FY2025£7.1m——unclear—no doubt

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