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CHARTERED INSTITUTE OF FUNDRAISING

Registered charity 1188764 · accounts filings on the Charity Commission register · also registered in Scotland as SC050060 (OSCR)

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Latest income
£4.8m
Latest spending
£5.0m
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with a deficit of £189k, primarily due to one-off costs related to an Independent Review. Despite this, the trustees report that free reserves of £668k met the adopted policy target of £650k, and cash balances were sufficient to meet ongoing requirements.

What the accounts disclose

Reserves policy: minimum free reserves of £650k (held: £668k)
“the Board of Trustees considered that the Chartered Institute should hold minimum free reserves of £650k.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee reimbursements
“A total of £7,841 (2023: £2,918) was reimbursed to 4 (2023: 6) trustees in relation to out-of-pocket travel and subsistence costs incurred in connection with their duties as trustees of the charity.” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Governance: Governance audit identified areas for improvement
“We also had a governance audit in the year which, whilst not highlighting any significant failings, identified some areas for improvement.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott Audit LLP. Discloses 4 of 6 completeness components.

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

Total income
£4.8m
Total spending
£5.0m
Cost of raising funds
£177k
Reserves (reported)
£668k
Employees
41

Reported reserves equal ~1.6 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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£4.8m£5.0m
31/12/2023£4.6m£4.6m
31/12/2022£4.2m£4.5m
31/12/2021£3.9m£4.1m
31/12/2020£3.1m£3.6m

Common questions

Is CHARTERED INSTITUTE OF FUNDRAISING financially healthy?

The accounts state that the charity ended the year with a deficit of £189k, primarily due to one-off costs related to an Independent Review. Despite this, the trustees report that free reserves of £668k met the adopted policy target of £650k, and cash balances were sufficient to meet ongoing requirements. Its FY2024 accounts were audited by Buzzacott Audit LLP.