The Furniture Project

Analysis

The Furniture Project is a registered charity in England and Wales, based in Newark. It was registered in May 2007, 19 years ago. Its declared purposes cover general charitable purposes and the prevention or relief of poverty, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 06016545). It says it provides services.

In the financial year ending March 2025, The Furniture Project reported income of £523k and spending of £505k, spending 97% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £311k to £523k (+68%), an average of +14% a year. The sharpest change came in the year to March 2022, when income rose by 49%. 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, The Furniture 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 Citizens Advice North East Kent (£523k), Qur'ani Murkuz Trust (£524k) and Now! Charity Group Ltd (£523k).

In its latest detailed accounts, income came from charitable activities 84% and donations and legacies 16%. Charitable activities took 99% of spending and raising funds 0.0%. Reserves of £182k would cover about 4 months of spending at that rate. It employed 13 people.