Healthcare Financial Management Association

Analysis

Healthcare Financial Management Association is a registered charity in England and Wales, based in Bristol. It was registered in June 2006, 20 years ago. Its declared purposes cover education/training and the advancement of health or saving of lives, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 05787972). It says it provides services, provides advocacy/advice/information and sponsors or undertakes research.

In the financial year ending June 2025, Healthcare Financial Management Association reported income of £8.4m and spending of £8.4m, spending 100% of its income. Across the 5 years on record, from June 2021 to June 2025, income grew from £5.8m to £8.4m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Healthcare Financial Management Association sits at the 98th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Handicap International UK (£8.4m), Encompass Care Organisation UK (£8.4m) and The Rotherham Hospice Trust (£8.4m).

In its latest detailed accounts, income came from trading 61%, charitable activities 36%, donations and legacies 1.6% and investments 1.3%. Charitable activities took 54% of spending and raising funds 46%. Reserves of £5.0m would cover about 7 months of spending at that rate. It employed 82 people.