Institute of Money Advisers

Analysis

Institute of Money Advisers is a registered charity in England and Wales, based in Leeds. It was registered in January 2006, 20 years ago. Its declared purposes cover education/training, the prevention or relief of poverty and economic/community development/employment, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 05386480). It says it provides services, provides advocacy/advice/information and acts as an umbrella or resource body.

In the financial year ending December 2025, Institute of Money Advisers reported income of £693k and spending of £622k, spending 90% of its income. Across the 5 years on record, from December 2021 to December 2025, income fell from £992k to £693k (-30%), an average of -8.6% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 89% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Institute of Money Advisers sits at the 90th percentile: it is larger than about 90% of them. Against every charity in England and Wales with reported income it ranks in the 92nd percentile. Charities of a similar size with the same main cause include Furbd Ltd (£693k), First Love Foundation Limited (£693k) and Light Project Peterborough (£692k).

In its latest detailed accounts, income came from charitable activities 91%, investments 5.6% and donations and legacies 3.2%. Charitable activities took 99% of spending and raising funds 0.0%. Reserves of £1.1m would cover about 21 months of spending at that rate. It employed 10 people.