Foundation for Credit Counselling

Analysis

Foundation for Credit Counselling is a registered charity in England and Wales, based in Leeds. It was registered in January 1993, 33 years ago. Its declared purposes cover the prevention or relief of poverty, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 02757055). It says it provides services.

In the financial year ending December 2025, Foundation for Credit Counselling reported income of £64.5m and spending of £61.9m, spending 96% of its income. Across the 5 years on record, from December 2021 to December 2025, income grew from £61.0m to £64.5m (+5.8%), an average of +1.4% a year. Over the whole period it spent 101% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Foundation for Credit Counselling sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 100th percentile. Charities of a similar size with the same main cause include The King's Trust (£63.9m), Moondance Foundation (£66.4m) and The Trussell Trust (£62.8m).

In its latest detailed accounts, income came from charitable activities 71%, donations and legacies 24% and trading 4.3%. Charitable activities took 96% of spending and raising funds 3.1%. Reserves of £13.4m would cover about 3 months of spending at that rate. It employed 1,065 people.