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Release Financial Charity

Registered · see notesRegistered charity number 1155290TruroPoverty relief
Income£32k2026-03-31
Spending£52ksame year
Spent / received127%5-year average
Size in its cause49th pctPoverty relief
Registered2014CIO
Employees–latest return

Analysis

Release Financial Charity is a registered charity in England and Wales, based in Truro. It was registered in January 2014, 12 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 incorporated organisation (CIO). It says it provides services and provides advocacy/advice/information.

In the financial year ending March 2026, Release Financial Charity reported income of £32k and spending of £52k, spending 159% of what it took in. Across the 5 years on record, from March 2022 to March 2026, income fell from £90k to £32k (-64%), an average of -22% a year. The sharpest change came in the year to March 2026, when income rose by 334%. Over the whole period it spent 127% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Release Financial Charity sits at the 49th percentile: it is larger than about 49% of them. Against every charity in England and Wales with reported income it ranks in the 54th percentile. Charities of a similar size with the same main cause include International Sanctuary of God (£32k), Starfish Zambia (£33k) and The Redeemed Christian Church of God (RCCG) Solution Ground Parish (£32k).

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

£0£23k£45k£68k£90k2022 Income: £89,7312022 Spending: £82,63220222023 Income: £90,3702023 Spending: £85,33220232024 Income: £5,3422024 Spending: £31,42420242025 Income: £7,4932025 Spending: £35,45120252026 Income: £32,4952026 Spending: £51,6412026
IncomeSpending

Where the income comes from

  • Other 100%

In the charity's own words

Release is a money education charity and home of Budget Buddies. Providing money education (financial capability) training, guidance & information to educate & equip people with the crucial life skill of managing their finances & making informed choices. Including practical help with budgeting & related support. Budget Buddies is a mentoring scheme supporting people manage their finances. .

Similar-sized charities, same cause

CharityLocationIncome
International Sanctuary of GodEssex£32k
Starfish ZambiaNewbury£33k
The Redeemed Christian Church of God (RCCG) Solution Ground ParishGravesend£32k
Poor's AllotmentNorwich£33k