---
title: "Icaew Foundation — charity rating & review | CharityCompare"
description: "Is Icaew Foundation a legitimate UK charity? Clarity Score 72/100. Accounts 2025: income £1.2m · 93% on charitable activities. Reg 313983."
source: https://www.charitycompare.org.uk/charity/icaew-foundation
retrieved: 2026-08-18T10:06:34.478Z
license: "Charity data © Crown copyright, Open Government Licence v3.0"
---

Quick answer

## Is Icaew Foundation a good charity?

Icaew Foundation scores 72/100 (3 stars, Needs improvement) on CharityCompare's Clarity Score, calculated from its UK regulator filings. Its latest accounts year is 2025 (£1.2m total income, 93% of spending on charitable activities). This reflects financial transparency and stewardship on paper — not the real-world impact of its programmes. See the full breakdown.

London · UK-wide · EC2R 6EA |
Reg [313983](https://www.charitycompare.org.uk/charity/icaew-foundation) | Registered charity | [Official website](https://www.icaew.com/foundation) | [Charity Commission register](https://register-of-charities.charitycommission.gov.uk/en/charity-search/-/charity-details/313983)

Donate

## How can you give to ICAEW FOUNDATION?

You leave CharityCompare to complete a donation on the official ICAEW FOUNDATION form. We do not process payments or take commission. Opens their official online donation form.

[Donate](https://www.icaew.com/foundation?utm_source=charitycompare&utm_medium=referral&utm_campaign=donate&utm_content=313983)

## What does Icaew Foundation do?

Icaew Foundation is a registered charity (no. 313983) working in education across the United Kingdom. Its latest Charity Commission filing directs 93% of spending to charitable activities, holding roughly 199 months of reserves, and files its annual accounts on time. Reported income has been broadly stable over recent years. 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 — Icaew Foundation hasn't added its own description yet. [Work here? Add it free →](https://www.charitycompare.org.uk/claim?charity=icaew-foundation)

**In short:** ICAEW FOUNDATION scores 72 out of 100 (3 stars). 93% average program spend (3-year average). Review the pillar breakdown below.

## What is Icaew Foundation?

Icaew Foundation has a Clarity Score of 72 out of 100 on CharityCompare (3 stars, Needs improvement). Charity Commission registration number 313983. Status: Registered. Primary cause area: Education. Latest accounts year 2025: total income £1.2m, with 93% of expenditure on charitable activities. Accounts filing: up to date. Reserves: approximately 199 months of operating costs. 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](https://register-of-charities.charitycommission.gov.uk/), last updated 17 July 2026.

Overall score

72/100

3★ · Needs improvement

Cause spend

93%

3-yr avg · charitable activities

Accountability

100/100

Finance beacon

Income

£1.2m

Latest year 2025

Reserves

199 mo

Months of running costs

Accounts filing

On time

Charity Commission

£14.3 raised per £1 fundraising (3-yr avg) ·
7% overhead · Website on register ·
Confidence: high

## How does ICAEW FOUNDATION compare?

Clarity Score percentile against similar UK charities — the share of peers ICAEW FOUNDATION scores higher than.

Income band (£1m–£5m)30thpercentile

**Scores higher than 30% of 2,776 charities in its income band** · 72/100 vs 78 peer average (marker).

Education charities42ndpercentile

**Scores higher than 42% of 579 charities in this cause** · 72/100 vs 74 peer average (marker).

## How reliable is Icaew Foundation's data?

Source

Charity Commission (England & Wales)

Accounts year

2025

Filing date

24 June 2026

Profile reviewed

17 July 2026

High confidence — complete filing data

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](https://register-of-charities.charitycommission.gov.uk/),
[Office of the Scottish Charity Regulator](https://www.oscr.org.uk/) and
[Charity Commission for Northern Ireland](https://www.charitycommissionni.org.uk/).
[Open Government Licence v3.0](https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/).

## What is Icaew Foundation'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.

100/100
| 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. | 100% | 15/15 pts |
| Trustee oversight Three or more trustees on the register = 15 pts, scaled down for fewer (governance red flag below three). | 100% | 8 trustees · 15/15 pts |
| Declared policies Safeguarding (4) · conflict of interest (3) · volunteer management (3) — from Charity Commission annual return. | 100% | 10/10 pts |

### Financial Health

Stability and solvency — reserves, revenue trend, and debt from Charity Commission accounts.

40/100
| 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% | 199 months · 0/15 pts |
| Income stability / growth +20% or more over the window = 10 pts · flat = 5 pts · −20% or worse = 0 pts, scaled between. | 70% | 7/10 pts · 3-year average |
| Liabilities to assets 0% liabilities-to-assets = 5 pts, scaling down to 0 pts at 60%+ debt. | 100% | 4% · 5/5 pts |

### Financial Efficiency

How efficiently funds reach the cause — program spend and fundraising cost ratios.

100/100
| Metric | Score | Value |
| --- | --- | --- |
| Program expense ratio 90%+ on charitable activities = full marks, scaling down to 0 pts at 50% or below. | 100% | 93% · 10/10 pts (3-year average) |
| Fundraising efficiency ≤10p to raise £1 = full marks, scaling down to 0 pts at 40p or above (fundraising cost ÷ income). | 100% | 7p per £1 income · 10/10 pts (3-year average) |

### 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 |

[How we calculate beacon scores →](https://www.charitycompare.org.uk/methodology)

## What is Icaew Foundation's Clarity Score?

72/100 total · Needs improvement · 3 of 5 stars

Four pillars (40 + 30 + 20 + 10 points) from Charity Commission filings — see methodology for full weightings.

100/100

Accountability & Transparency

40/100

Financial Health

100/100

Financial Efficiency

0/100

Community Support

### Accountability & Transparency

Baseline trust from filing discipline, board oversight, and declared governance policies.

100/100

Filing history (5 years)15/15 pts

Trustee oversight8 trustees · 15/15 pts

Declared policies10/10 pts

### Financial Health

Stability and solvency — reserves, revenue trend, and debt from Charity Commission accounts.

40/100

Reserves (months of cash)199 months · 0/15 pts

Income stability / growth7/10 pts · 3-year average

Liabilities to assets4% · 5/5 pts

### Financial Efficiency

How efficiently funds reach the cause — program spend and fundraising cost ratios.

100/100

Program expense ratio93% · 10/10 pts (3-year average)

Fundraising efficiency7p per £1 income · 10/10 pts (3-year average)

### Community Support

Grassroots backing from Charity Commission workforce data — volunteers vs paid staff.

0/100

Volunteer-to-staff ratioNot reported · 0/10 pts

## How much does Icaew Foundation raise and spend?

Latest filed year 2025 · Source: Charity Commission filings
| Category | Amount | % of spend |
| --- | --- | --- |
| Total income | £1.2m | — |
| Total expenditure | £1.4m | — |
| Charitable activities | £1.3m | 94% |
| Fundraising | £87k | 6% |
| Governance & admin | £12k | 1% |

94%On charitable activities

## Where does the money go?

Latest accounts (2025) · £1.4m spent

- Charitable activities94% · £1.3m
- Fundraising6% · £87k
- Governance1% · £12k

## What trust indicators does Icaew Foundation have?

Pulled from the Charity Commission register — filing behaviour, board size, and workforce where reported.

- ✓ Accounts filed on time

up to date · last filing 24 June 2026

- ✓ Trustee board size (3–12)

8 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 →](https://www.fundraisingregulator.org.uk/members/)

Official register

Reg 313983

Full trustee list, accounts, and regulatory history on the Charity Commission.

[View on Charity Commission →](https://register-of-charities.charitycommission.gov.uk/en/charity-search/-/charity-details/313983)

### Trustees & officers

- CHARTERED ACCOUNTANTS' TRUSTEES LIMITED since 2012
- Andrew George Wauchope since 2018
- Michael Edward Hicks since 2019
- Andrew Nicholas Ratcliffe Chair · since 2019
- Stephen Malcolm Gee since 2026
- Dr Lore Lippmann since 2026
- Talha Witten since 2026
- Nideshnee Dookhee since 2026

100
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.

[Full methodology →](https://www.charitycompare.org.uk/methodology)

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 Icaew Foundation'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 Icaew Foundation?

Overall score

72/100 (3★)

Income

£1.2m

Cause spend

93% of expenditure

Reg number

313983

Scope

UK-wide

Reserves

199 months

Trustees

8

Accounts year

2025

Filing

up to date

## How does ICAEW FOUNDATION compare, and where else can you look?

[Compare ICAEW FOUNDATION with others](https://www.charitycompare.org.uk/compare-charities?ids=icaew-foundation) [More education charities](https://www.charitycompare.org.uk/browse/education) [How we score charities](https://www.charitycompare.org.uk/methodology)

### Where ICAEW FOUNDATION sits

The causes this charity is classified under, and other charities working nearby.

- [education charities](https://www.charitycompare.org.uk/browse/education)
- [Charities in London](https://www.charitycompare.org.uk/cities/london)
- [education charities in London](https://www.charitycompare.org.uk/browse/education/london)

### Similar education charities

Top-rated peers by CharityCompare score

- [CHAPTER ONE (U.K.) LTD](https://www.charitycompare.org.uk/charity/chapter-one-u-k-ltd) 100/100 · £1.8m
- [SCHOOL IN A BAG](https://www.charitycompare.org.uk/charity/school-in-a-bag) 100/100 · £600k
- [THE BEN KINSELLA TRUST](https://www.charitycompare.org.uk/charity/the-ben-kinsella-trust) 100/100 · £596k
- [EALING AND HOUNSLOW COMMUNITY VOLUNTARY SERVICE](https://www.charitycompare.org.uk/charity/ealing-and-hounslow-community-voluntary-service) 99/100 · £953k

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## What red flags does Icaew Foundation have?

## Frequently asked questions

Common questions about Icaew Foundation's rating, finances, and Charity Commission status.

Is Icaew Foundation a good charity? + Icaew Foundation scores 72 out of 100 (3 stars — Needs improvement) on CharityCompare's Clarity Score, our independent read of its UK regulator filings. Around 93% of its spending goes to charitable activities and its accounts are up to date. 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 Icaew Foundation a legitimate charity? + Yes — Icaew Foundation is a legitimate registered charity (charity number 313983). Verify it on the official register: https://register-of-charities.charitycommission.gov.uk/en/charity-search/-/charity-details/313983. Registration proves status; Clarity Score then summarises filing transparency on paper, not programme impact.

What is Icaew Foundation's charity number? + Icaew Foundation's charity number is 313983. 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 Icaew Foundation's charity rating? + Icaew Foundation scores 72 out of 100 on CharityCompare (3 stars — Needs improvement). 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 Icaew Foundation have reviews and complaints? + CharityCompare does not host public user reviews for Icaew Foundation. 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 Icaew Foundation? + According to its 2025 regulator filing, 93% of Icaew Foundation's total spending went to charitable activities (3-yr avg across disclosed years). That is the closest official figure to "how much of your donation reaches the cause" — it is an average across all spending in the filing, not a pound-by-pound breakdown of an individual gift.

What are Icaew Foundation's overheads? + According to its 2025 regulator filing, fundraising costs were about 7% of total expenditure and combined overheads (fundraising plus governance) were about 7% of total expenditure at Icaew Foundation. The filings CharityCompare uses do not publish CEO or senior-staff pay, so we cannot say what Icaew Foundation'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 Icaew Foundation receive? + Icaew Foundation reported £1.2m total income in its 2025 accounts, based on UK regulator filings. Five-year trend: stable.

Are Icaew Foundation's accounts up to date? + Filing status: up to date (last filing 2026-06-24). CharityCompare flags late or missing accounts separately from the financial score.

Where is Icaew Foundation based? + Icaew Foundation is listed at London · UK-wide · EC2R 6EA and operates UK-wide, focused on education.

How does CharityCompare score Icaew Foundation? + We calculate a Clarity Score of 0–100 from four pillars in Icaew Foundation'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 Icaew Foundation's most recent accounts cover 2025. Scores and figures refresh whenever we re-ingest the register, so the page reflects our latest data pull rather than a one-off review.