Money Advice and Community Support Service

Analysis

Money Advice and Community Support Service is a registered charity in England and Wales, based in Hove. It was registered in March 1995, 31 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 03029782). It says it provides human resources, provides services and provides advocacy/advice/information.

In the financial year ending March 2025, Money Advice and Community Support Service reported income of £2.0m and spending of £2.0m, spending 97% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £1.3m to £2.0m (+59%), an average of +12% a year. The sharpest change came in the year to March 2025, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Money Advice and Community Support Service sits at the 96th percentile: it is larger than about 96% of them. Against every charity in England and Wales with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include The Ecology Trust (£2.0m), Combined Cadet Force Association (£2.1m) and Sussex Emmaus (£2.0m).

In its latest detailed accounts, income came from charitable activities 100%. Charitable activities took 93% of spending and raising funds 0.0%. Reserves of £528k would cover about 3 months of spending at that rate. It employed 53 people.