Armed forces · Reg 1093529
Armed Forces Common Investment Fund
Charity rating & review
25/100 Clarity Score · 2 stars · Charity Commission filings · How we score
Clarity score
Poor
Quick answer
Is Armed Forces Common Investment Fund a good charity?
Armed Forces Common Investment Fund scores 25/100 (2 stars, Poor) on CharityCompare's Clarity Score, calculated from its UK regulator filings. Its latest accounts year is 2019 (£13m total income, cause-spend split not disclosed). This reflects financial transparency and stewardship on paper — not the real-world impact of its programmes. See the full breakdown.
Donate
How can you give to ARMED FORCES COMMON INVESTMENT FUND?
You leave CharityCompare to complete a donation on the official ARMED FORCES COMMON INVESTMENT FUND form. We do not process payments or take commission. Opens their official online donation form.
What does Armed Forces Common Investment Fund do?
Armed Forces Common Investment Fund is a registered charity (no. 1093529) working in armed forces across the United Kingdom. Its latest Charity Commission filing does not disclose a charitable-activities spend split in recent filings, though accounts are currently overdue or missing. CharityCompare's Clarity Score rates the organisation only from public Charity Commission accounts — accountability, financial health, efficiency and community support — not the quality or impact of its programmes.
Summarised from public filings — Armed Forces Common Investment Fund hasn't added its own description yet. Work here? Add it free →
In short: ARMED FORCES COMMON INVESTMENT FUND scores 25 out of 100 (2 stars). Cause-spend split not disclosed in recent filings. Review the pillar breakdown below.
What is Armed Forces Common Investment Fund?
Armed Forces Common Investment Fund has a Clarity Score of 25 out of 100 on CharityCompare (2 stars, Poor). Charity Commission registration number 1093529. Status: Registered. Primary cause area: Armed forces. Latest accounts year 2019: total income £13m, cause-spend split not disclosed in that filing. Accounts filing: missing. 1 filing concern(s) noted on this profile. Scores are independent and based on official filings — not a donation recommendation.
Data from Charity Commission register, last updated .
Overall score
25/100
2★ · Poor
Cause spend
N/D
Not disclosed in filings
Accountability
38/100
Finance beacon
Income
£13m
Latest year 2019
Reserves
—
Months of running costs
Accounts filing
Missing
Check register
Fundraising efficiency not stated · Overhead not disclosed · Website on register · Confidence: low
How does ARMED FORCES COMMON INVESTMENT FUND compare?
Clarity Score percentile against similar UK charities — the share of peers ARMED FORCES COMMON INVESTMENT FUND scores higher than.
Scores higher than 1% of 943 charities in its income band · 25/100 vs 77 peer average (marker).
Scores higher than 2% of 84 charities in this cause · 25/100 vs 74 peer average (marker).
How reliable is Armed Forces Common Investment Fund's data?
- Source
- Charity Commission (England & Wales)
- Accounts year
- 2019
- Filing date
- Profile reviewed
Low confidence — key filing data unavailable
Scores reflect the latest annual accounts on the register. Clarity Score measures how clearly the charity accounts for money in those filings — not programme impact.
Contains public sector information licensed under the Open Government Licence v3.0. Sources: Charity Commission for England and Wales, Office of the Scottish Charity Regulator and Charity Commission for Northern Ireland. Open Government Licence v3.0 .
What is Armed Forces Common Investment Fund's Beacon report?
Detailed accountability and finance metrics from UK regulator filings — structured for transparency in our four-beacon report.
Accountability & Transparency
Baseline trust from filing discipline, board oversight, and declared governance policies.
38/100
| Metric | Score | Value |
|---|---|---|
| Filing history (5 years) 100% on-time over five years = 15 pts · one late filing = 5 pts · two or more = 0 pts. | 0% | 0/15 pts |
| Trustee oversight Three or more trustees on the register = 15 pts, scaled down for fewer (governance red flag below three). | 100% | 3 trustees · 15/15 pts |
| Declared policies Safeguarding (4) · conflict of interest (3) · volunteer management (3) — from Charity Commission annual return. | 0% | 0/10 pts |
Financial Health
Stability and solvency — reserves, revenue trend, and debt from Charity Commission accounts.
0/100
| Metric | Score | Value |
|---|---|---|
| Reserves (months of cash) 3–24 months = full marks, tapering on both sides · 0 months or 4+ years (hoarding) = 0 pts. | 0% | Not stated · 0/15 pts |
| Income stability / growth +20% or more over the window = 10 pts · flat = 5 pts · −20% or worse = 0 pts, scaled between. | 0% | 0/10 pts · Latest year |
| Liabilities to assets 0% liabilities-to-assets = 5 pts, scaling down to 0 pts at 60%+ debt. | 0% | Not stated · 0/5 pts |
Financial Efficiency
How efficiently funds reach the cause — program spend and fundraising cost ratios.
50/100
| Metric | Score | Value |
|---|---|---|
| Program expense ratio 90%+ on charitable activities = full marks, scaling down to 0 pts at 50% or below. | 0% | Not stated · 0/10 pts |
| Fundraising efficiency ≤10p to raise £1 = full marks, scaling down to 0 pts at 40p or above (fundraising cost ÷ income). | 100% | 0p per £1 income · 10/10 pts (Latest year) |
Community Support
Grassroots backing from Charity Commission workforce data — volunteers vs paid staff.
0/100
| Metric | Score | Value |
|---|---|---|
| Volunteer-to-staff ratio Volunteers at 2x staff or more = full marks · no volunteers = 0 pts, scaled between. | 0% | Not reported · 0/10 pts |
What is Armed Forces Common Investment Fund's Clarity Score?
25/100 total · Poor · 2 of 5 stars
Four pillars (40 + 30 + 20 + 10 points) from Charity Commission filings — see methodology for full weightings.
Accountability & Transparency
Baseline trust from filing discipline, board oversight, and declared governance policies.
38/100
Financial Health
Stability and solvency — reserves, revenue trend, and debt from Charity Commission accounts.
0/100
Financial Efficiency
How efficiently funds reach the cause — program spend and fundraising cost ratios.
50/100
Community Support
Grassroots backing from Charity Commission workforce data — volunteers vs paid staff.
0/100
How much does Armed Forces Common Investment Fund raise and spend?
Latest filed year 2019 · Source: Charity Commission filings
| Category | Amount | % of spend |
|---|---|---|
| Total income | £13m | — |
| Total expenditure | £14m | — |
| Charitable activities | Not disclosed | — |
Where does the money go?
Latest accounts (2019) · £14m spent. Not disclosed in this filing — the Charity Commission return omits the charitable-activities split.
What trust indicators does Armed Forces Common Investment Fund have?
Pulled from the Charity Commission register — filing behaviour, board size, and workforce where reported.
-
Accounts filed on time
Filing status: missing
-
Trustee board size (3–12)
3 trustees on the Charity Commission register
Fundraising Regulator
Status not yet checked
Separate from our financial scores — shows whether the charity follows the Code of Fundraising Practice.
Check Fundraising Regulator →Official register
Reg 1093529
Full trustee list, accounts, and regulatory history on the Charity Commission.
View on Charity Commission →Trustees & officers
- ARMED FORCES CHARITIES ADVISORY COMPANY
- BNY MELLON TRUST & DEPOSITARY (UK) LIMITED since 2012
- BLACKROCK FUND MANAGERS LIMITED
How we score charities +
The Clarity Score is a 100-point rating from UK regulator filings (Charity Commission for England and Wales, OSCR and CCNI). Four pillars — Accountability & Transparency (40), Financial Health (30), Financial Efficiency (20), and Community Support (10) — each scored on a continuous scale, not pass/fail cutoffs. A statutory inquiry sets the score to 0 automatically.
Accountability & Transparency
Scored from filings
40 points — filing history (15), trustee oversight (15, scaling up to a board of three or more), declared policies (10).
Financial Health
Scored from filings
30 points — reserves (15, full marks 3–24 months, tapering on both sides), income stability (10), liabilities to assets (5, scaling down as debt rises).
Financial Efficiency
Scored from filings
20 points — program expense ratio and fundraising cost, each on a graduated scale (not a single cutoff). Kept at 20% of the total: financial-ratio scoring alone is not a reliable effectiveness signal (see "why not just an overhead ratio?" below).
Community Support
Scored from filings
10 points — volunteer-to-staff ratio from Charity Commission workforce data, scaling continuously up to a 2:1 ratio.
Overall score
Sum of all pillar points. Display stars use the same bands as the labels: 90–100 → 5★ Exceptional; 75–89 → 4★ Good; 60–74 → 3★ Needs improvement; 1–59 → 2★ Poor; 0 → not rated.
How have Armed Forces Common Investment Fund's finances changed over five years?
- Income
- Spending
- Cause spend
Values in £ thousands · Cause spend plotted only when the filing discloses a split · Source: Charity Commission accounts
What are the key facts about Armed Forces Common Investment Fund?
- Overall score
- 25/100 (2★)
- Income
- £13m
- Cause spend
- Not disclosed
- Reg number
- 1093529
- Scope
- UK-wide
- Reserves
- —
- Trustees
- 3
- Accounts year
- 2019
- Filing
- missing
How does ARMED FORCES COMMON INVESTMENT FUND compare, and where else can you look?
Where ARMED FORCES COMMON INVESTMENT FUND sits
The causes this charity is classified under, and other charities working nearby.
Similar armed forces charities
Top-rated peers by CharityCompare score
- ROYAL NAVAL SAILING ASSOCIATION 99/100 · £782k
- THE ROYAL AIR FORCES ASSOCIATION - CORPORATE BODY 98/100 · £22m
- ARMY FLYING MUSEUM LIMITED 96/100 · £1.3m
- CARE OF POLICE SURVIVORS 93/100 · £661k
How can you share Armed Forces Common Investment Fund's rating?
Opens a printer-friendly view of this profile for Armed Forces Common Investment Fund.
For this charity
How do you add Armed Forces Common Investment Fund's rating to your site?
Free to use — a lightweight HTML badge or an embeddable score widget, each linking back to this independent profile and our methodology.
What red flags does Armed Forces Common Investment Fund have?
Frequently asked questions
Common questions about Armed Forces Common Investment Fund's rating, finances, and Charity Commission status.
Is Armed Forces Common Investment Fund a good charity? +
Armed Forces Common Investment Fund scores 25 out of 100 (2 stars — Poor) on CharityCompare's Clarity Score, our independent read of its UK regulator filings. Its recent filings do not disclose a charitable-activities spend split and its accounts are missing. That reflects how transparent and financially healthy it looks on paper — it does not measure the real-world impact of its work, so treat it as one factor alongside the cause you care about. CharityCompare never tells you where to donate.
Is Armed Forces Common Investment Fund a legitimate charity? +
Yes — Armed Forces Common Investment Fund is a legitimate registered charity (charity number 1093529). Verify it on the official register: https://register-of-charities.charitycommission.gov.uk/en/charity-search/-/charity-details/1093529. Registration proves status; Clarity Score then summarises filing transparency on paper, not programme impact.
What is Armed Forces Common Investment Fund's charity number? +
Armed Forces Common Investment Fund's charity number is 1093529. Check that number on the official register (Charity Commission, OSCR or CCNI) or this CharityCompare profile before you donate — scammers sometimes reuse real numbers on fake appeals.
What is Armed Forces Common Investment Fund's charity rating? +
Armed Forces Common Investment Fund scores 25 out of 100 on CharityCompare (2 stars — Poor). The Clarity Score V1 sums four pillars from UK regulator filings: Accountability & Transparency (40 pts), Financial Health (30), Financial Efficiency (20), and Community Support (10). Stars use the same bands as those labels — 90+ is 5★ Exceptional. It is not an impact ranking.
Does Armed Forces Common Investment Fund have reviews and complaints? +
CharityCompare does not host public user reviews for Armed Forces Common Investment Fund. Instead you get a filing-based Clarity Score, cause spend, reserves and red flags such as late accounts (1 filing concern(s) noted on this profile). For formal complaints about a charity, contact the Charity Commission, OSCR, CCNI or the Fundraising Regulator as appropriate.
How much of my donation reaches Armed Forces Common Investment Fund? +
Armed Forces Common Investment Fund does not disclose a charitable-activities spend split in its recent UK regulator filings, so there is no official figure for how much of a donation reaches the cause. CharityCompare reports this as "not disclosed" rather than assuming a number.
What are Armed Forces Common Investment Fund's overheads? +
Armed Forces Common Investment Fund's recent UK regulator filings do not disclose a fundraising or governance cost split, so no official overhead percentage is available. The filings CharityCompare uses do not publish CEO or senior-staff pay, so we cannot say what Armed Forces Common Investment Fund's chief executive is paid — where disclosure rules apply, senior pay appears in the trustees' annual report on the Charity Commission register.
How much income does Armed Forces Common Investment Fund receive? +
Armed Forces Common Investment Fund reported £13m total income in its 2019 accounts, based on UK regulator filings. Five-year trend: limited history.
Are Armed Forces Common Investment Fund's accounts up to date? +
Filing status: missing (last filing 2026-06-24). CharityCompare flags late or missing accounts separately from the financial score.
Where is Armed Forces Common Investment Fund based? +
Armed Forces Common Investment Fund is listed at London · UK-wide · EC2N 2DL and operates UK-wide, focused on armed forces.
How does CharityCompare score Armed Forces Common Investment Fund? +
We calculate a Clarity Score of 0–100 from four pillars in Armed Forces Common Investment Fund's regulator filings: Accountability & Transparency (40 points — filing history, trustees, policies), Financial Health (30 — reserves, income trend, debt), Financial Efficiency (20 — cause spend and fundraising cost, on a graduated scale) and Community Support (10 — volunteer-to-staff ratio). An open statutory inquiry scores 0. The score measures reporting on paper, not programme impact. CharityCompare is free for donors, takes no commission on donations, and scores cannot be bought.
How often is this page updated? +
This profile was last updated on 17 July 2026 from the latest UK regulator data available to CharityCompare, and Armed Forces Common Investment Fund's most recent accounts cover 2019. Scores and figures refresh whenever we re-ingest the register, so the page reflects our latest data pull rather than a one-off review.