The Pennies Foundation

Analysis

The Pennies Foundation is a registered charity in England and Wales, based in London. It was registered in January 2008, 18 years ago. Its declared purposes cover general charitable purposes and other charitable purposes, which this site groups under other charitable purposes. Legally it is a charitable company (Companies House number 06418982). It says it makes grants to organisations and other charitable activities.

In the financial year ending December 2025, The Pennies Foundation reported income of £16.4m and spending of £16.3m, spending 99% of its income. Across the 5 years on record, from December 2021 to December 2025, income grew from £6.5m to £16.4m (+154%), an average of +26% a year. The sharpest change came in the year to December 2025, when income rose by 43%. Over the whole period it spent 100% of the income it received.

Among 1,463 England and Wales charities whose main cause is other charitable purposes and that reported income, The Pennies Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. 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 The British Psychological Society (£13.1m), The Royal United Services Institute for Defence and Security Studies (£16.6m) and National Fire Chiefs Council Limited (£12.7m).

In its latest detailed accounts, income came from donations and legacies 99%. Charitable activities took 99% of spending and raising funds 0.0%. Grants to other organisations totalled £14.2m. Reserves of £1.7m would cover about 1 months of spending at that rate. It employed 22 people.