Fuel Bank Foundation

Analysis

Fuel Bank Foundation is a registered charity in England and Wales, based in Staffordshire. It was registered in October 2017, 9 years ago. Its declared purposes cover the prevention or relief of poverty, which this site groups under poverty relief. Legally it is a charitable incorporated organisation (CIO). It says it makes grants to organisations, provides advocacy/advice/information and sponsors or undertakes research.

In the financial year ending March 2025, Fuel Bank Foundation reported income of £11.8m and spending of £15.7m, spending 133% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £4.5m to £11.8m (+161%), an average of +27% a year. The sharpest change came in the year to March 2023, when income rose by 222%. Over the whole period it spent 69% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Fuel Bank 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 North London Cost Shop (£11.7m), Read Foundation (£12.1m) and Centre for Sustainable Energy (£11.7m).

In its latest detailed accounts, income came from donations and legacies 100%. Charitable activities took 98% of spending and raising funds 0.8%. Reserves of £335k would cover about 0 months of spending at that rate. It employed 24 people.

Data notes from the register: The latest annual return was received after its deadline.