What is the financial size of THE PENNIES FOUNDATION?

THE PENNIES FOUNDATION is classified as a major charity. In the latest financial year, they reported a total income of £11,450,284 and total expenditure of £11,352,038.

How does THE PENNIES FOUNDATION allocate its spending?

For every pound spent, approximately 100.0% goes directly to charitable activities. The remaining 0.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.2%).

What is the workforce structure of THE PENNIES FOUNDATION?

THE PENNIES FOUNDATION employs 20 staff members and is supported by 2 volunteers.

Does THE PENNIES FOUNDATION receive government funding?

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Does THE PENNIES FOUNDATION pay its trustees?

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

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THE PENNIES FOUNDATION

#1122489

Charitable company•Major•Registered

www.pennies.org.uk

Promoting the voluntary sector by encouraging and facilitating charitable giving through the use of technology (in particular using pennies the digital charity box (pennies) designed to make it easier to give to charity, and monitoring the use of the funds by charitable organisations.

Registered address

1st Floor, 64 London Wall, London, EC2M 5TP

Latest HighlightsFY 2024

Income

All sources

£11,450,284

Expenditure

All activities

£11,352,038

Net Reserves

Unrestricted funds

£1,496,202

Total Assets

Gross assets

£4,120,562

Working Capital

Liquidity

£-177,546

Benchmark Performance

Comparing against 1,903 similar major charities

Compare vs:

Reserve Runway

1.6 months

Median: 3.6 monthsAround typical

Income Growth (1yr)

22.0%

Median: 8.2%Top quartile

Spending Efficiency

100.0%

Median: 97.2%Top quartile

Income Concentration

98.4%

Median: 87.1%Below typical

Fundraising ROI

N/A

Median: 27.3xUnknown

Income Volatility

5.7%

Median: 13.4%Top quartile

Self-Generated Income

0.4%

Median: 92.1%Below typical

3-Year Income CAGR

20.9%

Median: 8.7%Top quartile

Efficiency & Health

Charitable Spending

100%

Fundraising Eff.

% income retained

N/A

Governance Cost

% of expenditure

1.1%

Grant Making

% given away

85.2%

Debt Ratio

% of assets

63.7%

Survival Ratio

Months of reserves

1.6 months

Income Profile

Donations & Legacies

% of income

99.2%

Government Reliance

% of income

Largest Source

Primary income

Donations & Legacies

Diversification

HHI: 9843

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

22.0%↑

Income CAGR (3yr)

Compound growth

20.9%

Volatility

Stable

5.7%

Reserves Trend

Direction

Stable

Governance

Employees

Staff count

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

0.1:1

Revenue/Employee

Per head

£572,514

Trustee Benefits

Payments to trustees

High Earners

Earning over £60k

20%

Source: Charity Commission annual returns. Figures may differ from published accounts. Always verify with official charity filings for due diligence.

Charts

Income vs Expenditure

Income Sources

Assets vs Liabilities

5 Year Trend

Workforce Scale

Employees & Volunteers

Frequently Asked Questions

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