Ipswich Furniture Project
Analysis
Ipswich Furniture Project is a registered charity in England and Wales, based in Ipswich. It was registered in April 2013, 13 years ago. Its declared purposes cover education/training, the prevention or relief of poverty and environment/conservation/heritage, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 05170995). It says it provides services, provides advocacy/advice/information and acts as an umbrella or resource body.
In the financial year ending March 2025, Ipswich Furniture Project reported income of £622k and spending of £623k, spending 100% of its income. Across the 5 years on record, from March 2021 to March 2025, income fell from £713k to £622k (-13%), an average of -3.4% a year. The sharpest change came in the year to March 2024, when income dropped by 19%. Over the whole period it spent 95% of the income it received.
Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Ipswich Furniture Project sits at the 89th percentile: it is larger than about 89% of them. Against every charity in England and Wales with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include The John Strutt Memorial Foundation (£622k), Al Misbaah Academy (Ama) (£622k) and Ramgarhia Sabha Southall (£622k).
In its latest detailed accounts, income came from charitable activities 60%, trading 21% and donations and legacies 19%. Charitable activities took 100% of spending and raising funds 0.0%. Reserves of £96k would cover about 2 months of spending at that rate. It employed 13 people.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Donations 19%
- Charitable activities 60%
- Trading 21%
- Investments 0.4%
In the charity's own words
Supplying furniture and other household items to people in need, or other organisations working to prevent or relieve poverty for the benefit of people who are living in East Anglia.Provision of training, work experience, workshops to enhance work and life skills.Protection and preservation of the environment by waste-reduction, re-use, reclamation, recycling, using recycled goods.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The John Strutt Memorial Foundation | Leyburn | £622k |
| Al Misbaah Academy (Ama) | London | £622k |
| Ramgarhia Sabha Southall | Middlesex | £622k |
| St James Trust | Wiltshire | £622k |