Question 1

What is the mission of FOUNDATION FOR CREDIT COUNSELLING?

Accepted Answer

Foundation for Credit Counselling's principal activities are to provide free debt advice to the financially distressed and following advice either via telephone or online, to provide a range of debt management solutions to meet client needs such as debt management plans and a range of insolvency solutions.

Question 2

What is the financial size of FOUNDATION FOR CREDIT COUNSELLING?

Accepted Answer

FOUNDATION FOR CREDIT COUNSELLING is classified as a major charity. In the latest financial year, they reported a total income of £58,431,000 and total expenditure of £59,525,000.

Question 3

How does FOUNDATION FOR CREDIT COUNSELLING allocate its spending?

Accepted Answer

For every pound spent, approximately 96.0% goes directly to charitable activities. The remaining 4.0% is spent on raising funds and administration.

Question 4

What is the workforce structure of FOUNDATION FOR CREDIT COUNSELLING?

Accepted Answer

FOUNDATION FOR CREDIT COUNSELLING employs 1,137 staff members and is supported by 0 volunteers.

Question 5

Does FOUNDATION FOR CREDIT COUNSELLING receive government funding?

Accepted Answer

To a small extent. Approximately 2.3% of their income comes from government grants or contracts.

Question 6

Does FOUNDATION FOR CREDIT COUNSELLING pay its trustees?

Accepted Answer

Yes, the latest data indicates that one or more trustees receive payments or personal benefits from the charity.

FOUNDATION FOR CREDIT COUNSELLING

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