Furniture Recycling Project
Analysis
Furniture Recycling Project is a registered charity in England and Wales, based in Gloucester. It was registered in September 1996, 30 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 03236897). It says it other charitable activities.
In the financial year ending March 2025, Furniture Recycling Project reported income of £532k and spending of £519k, spending 98% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £383k to £532k (+39%), an average of +8.6% a year. The sharpest change came in the year to March 2023, when income rose by 55%. Over the whole period it spent 92% of the income it received.
Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Furniture Recycling Project sits at the 88th percentile: it is larger than about 88% of them. Against every charity in England and Wales with reported income it ranks in the 90th percentile. Charities of a similar size with the same main cause include Emmanuel Community Church International (£532k), Developments in Literacy UK (UK) (£533k) and The Bridge Homelessness to Hope (£532k).
In its latest detailed accounts, income came from charitable activities 84%, trading 13% and donations and legacies 2.4%. Charitable activities took 90% of spending and raising funds 8.5%. Reserves of £247k would cover about 6 months of spending at that rate. It employed 12 people.
Income and spending
Where the income comes from
- Donations 2.4%
- Charitable activities 84%
- Trading 13%
- Investments 0.8%
In the charity's own words
1. The prevention or relief of poverty and financial hardship by re-use, recycling and supplying of items of furniture, electrical appliances and other household items to persons in need2. The advancement of education by the provision of volunteering and learning opportunities3. The protection and perseveration of the environment for the public benefit via waste reduction, re-use and recycling
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Emmanuel Community Church International | London | £532k |
| Developments in Literacy UK (UK) | London | £533k |
| The Bridge Homelessness to Hope | Leicester | £532k |
| TS Trust | London | £533k |