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Foundation for Credit Counselling

Charity rating & review

79/100 Clarity Score · 4 stars · Charity Commission filings · How we score

Verified · Charity Commission data
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79 /100

Clarity score

Good

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Quick answer

Is Foundation for Credit Counselling a good charity?

Foundation for Credit Counselling scores 79/100 (4 stars, Good) on CharityCompare's Clarity Score, calculated from its Charity Commission filings. Its latest accounts year is 2024 (£58m total income, 96% 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.

Leeds · UK-wide · LS2 8ER Reg 1016630 Registered charity Official website Charity Commission register

Mission

Foundation for Credit Counselling is a registered charity (no. 1016630) working in poverty relief across the United Kingdom. Its latest Charity Commission filing directs 96% of spending to charitable activities, holding roughly 3 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.

In short: FOUNDATION FOR CREDIT COUNSELLING scores 79 out of 100 (4 stars). 96% average program spend (3-year average). Filings are up to date with no major concerns.

Overview

Foundation for Credit Counselling has a Clarity Score of 79 out of 100 on CharityCompare (4 stars, Good). Charity Commission registration number 1016630. Status: Registered. Primary cause area: Poverty relief. Latest accounts year 2024: total income £58m, with 96% of expenditure on charitable activities. Accounts filing: up to date. Reserves: approximately 3 months of operating costs. No major red flags from our filing review. Scores are independent and based on official filings — not a donation recommendation.

Data from Charity Commission register, last updated .

Overall score

79/100

4★ · Good

Cause spend

96%

3-yr avg · charitable activities

Accountability

93/100

Finance beacon

Income

£58m

Latest year 2024

Reserves

3 mo

Months of running costs

Accounts filing

On time

Charity Commission

£21.9 raised per £1 fundraising (3-yr avg) · 5% overhead · Website on register · Confidence: high

How FOUNDATION FOR CREDIT COUNSELLING compares

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

Income band (£10m+)55thpercentile

Scores higher than 55% of 943 charities in its income band · 79/100 vs 77 peer average (marker).

Poverty relief charities47thpercentile

Scores higher than 47% of 1,502 charities in this cause · 79/100 vs 78 peer average (marker).

Data & confidence

Source
Charity Commission (E&W)
Accounts year
2024
Filing date
Profile reviewed

High confidence — complete filing data

Scores reflect the latest annual accounts on the register. Impact, leadership, and culture beacons require information beyond public filings.

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 .

Beacon report

Detailed accountability and finance metrics from Charity Commission filings — structured for transparency in our four-beacon report.

Accountability & Transparency

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

93/100

Accountability & Transparency metrics for FOUNDATION FOR CREDIT COUNSELLING
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% 12 trustees · 15/15 pts
Declared policies

Safeguarding (4) · conflict of interest (3) · volunteer management (3) — from Charity Commission annual return.

70% 7/10 pts

Financial Health

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

73/100

Financial Health metrics for FOUNDATION FOR CREDIT COUNSELLING
Metric Score Value
Reserves (months of cash)

3–24 months = full marks, tapering on both sides · 0 months or 4+ years (hoarding) = 0 pts.

100% 3 months · 15/15 pts
Income stability / growth

+20% or more over the window = 10 pts · flat = 5 pts · −20% or worse = 0 pts, scaled between.

40% 4/10 pts · 3-year average
Liabilities to assets

0% liabilities-to-assets = 5 pts, scaling down to 0 pts at 60%+ debt.

60% 26% · 3/5 pts

Financial Efficiency

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

100/100

Financial Efficiency metrics for FOUNDATION FOR CREDIT COUNSELLING
Metric Score Value
Program expense ratio

90%+ on charitable activities = full marks, scaling down to 0 pts at 50% or below.

100% 96% · 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% 5p per £1 income · 10/10 pts (3-year average)

Community Support

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

0/100

Community Support metrics for FOUNDATION FOR CREDIT COUNSELLING
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 →

Clarity Score

79/100 total · Good · 4 of 5 stars

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

93/100
Accountability & Transparency
73/100
Financial Health
100/100
Financial Efficiency
0/100
Community Support

Accountability & Transparency

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

93/100

Filing history (5 years)15/15 pts
Trustee oversight12 trustees · 15/15 pts
Declared policies7/10 pts

Financial Health

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

73/100

Reserves (months of cash)3 months · 15/15 pts
Income stability / growth4/10 pts · 3-year average
Liabilities to assets26% · 3/5 pts

Financial Efficiency

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

100/100

Program expense ratio96% · 10/10 pts (3-year average)
Fundraising efficiency5p 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

Revenue & expenses

Latest filed year 2024 · Source: Charity Commission annual accounts

FOUNDATION FOR CREDIT COUNSELLING revenue and expenses for 2024
Category Amount % of spend
Total income £58m
Total expenditure £60m
Charitable activities £57m 96%
Fundraising £2.4m 4%
Governance & admin £517k 1%
96%On charitable activities

Where the money goes

Latest accounts (2024) · £60m spent

  • Charitable activities96%
  • Fundraising4%
  • Governance1%

Trust indicators

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

  • Accounts filed on time

    up to date · last filing

  • Trustee board size (3–12)

    12 trustees on the Charity Commission register

Fundraising Regulator

Not listed as member

Separate from our financial scores — shows whether the charity follows the Code of Fundraising Practice.

Check Fundraising Regulator →

Official register

Reg 1016630

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

View on Charity Commission →

Trustees & officers

  • Barbara Helen Dean since 2019
  • Lesley Jane Titcomb since 2019
  • Nicholas Michael Caplan since 2019
  • Christopher Mark Wood since 2021
  • Yvonne Jean Klimaytys since 2021
  • Susan Acton since 2023
  • Michael St John Ashley since 2023
  • Elizabeth Mary Harding since 2023
  • Janet Pope since 2024
  • Sean Lynskey since 2025
  • Lisa Jane Mellor since 2025
  • Ramondeep Kaur since 2025
How we score charities +

The Clarity Score is a 100-point rating from UK Charity Commission data. 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 →

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 map the 0–100 score onto a familiar 5★ scale (≈20 points per star): 90–100 → 5★, 70–89 → 4★, 50–69 → 3★, 30–49 → 2★, 1–29 → 1★.

Five-year trends

£0k £15900k £31800k £47700k £63600k 2020 2021 2022 2023 2024 Income 2020: £60,564k Spending 2020: £63,402k Cause spend 2020: £58,802k Income 2021: £60,976k Spending 2021: £61,590k Cause spend 2021: £58,517k Income 2022: £62,002k Spending 2022: £59,938k Cause spend 2022: £57,066k Income 2023: £54,731k Spending 2023: £59,467k Cause spend 2023: £56,704k Income 2024: £58,431k Spending 2024: £59,525k Cause spend 2024: £57,153k
  • Income
  • Spending
  • Cause spend

Values in £ thousands · Cause spend plotted only when the filing discloses a split · Source: Charity Commission accounts

Key facts

Overall score
79/100 (4★)
Income
£58m
Cause spend
96% of expenditure
Reg number
1016630
Scope
UK-wide
Reserves
3 months
Trustees
12
Accounts year
2024
Filing
up to date

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Frequently asked questions

Common questions about Foundation for Credit Counselling's rating, finances, and Charity Commission status.

Is Foundation for Credit Counselling a good charity? +

Foundation for Credit Counselling scores 79 out of 100 (4 stars — Good) on CharityCompare's Clarity Score, our independent read of its Charity Commission filings. Around 96% 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 Foundation for Credit Counselling a legitimate charity? +

Yes — Foundation for Credit Counselling is registered with the Charity Commission for England and Wales under registration number 1016630. You can verify the entry on the official register: https://register-of-charities.charitycommission.gov.uk/en/charity-search/-/charity-details/1016630

What is Foundation for Credit Counselling's charity rating? +

Foundation for Credit Counselling scores 79 out of 100 on CharityCompare (4 stars — Good). The Clarity Score V1 sums four pillars from Charity Commission filings: Accountability & Transparency (40 pts), Financial Health (30), Financial Efficiency (20), and Community Support (10).

How much of my donation reaches Foundation for Credit Counselling? +

According to its 2024 Charity Commission filing, 96% of Foundation for Credit Counselling'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 Foundation for Credit Counselling's overheads? +

According to its 2024 Charity Commission filing, fundraising costs were about 4% of total expenditure and combined overheads (fundraising plus governance) were about 5% of total expenditure at Foundation for Credit Counselling. The filings CharityCompare uses do not publish CEO or senior-staff pay, so we cannot say what Foundation for Credit Counselling'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 Foundation for Credit Counselling receive? +

Foundation for Credit Counselling reported £58m total income in its 2024 accounts, based on Charity Commission filings. Five-year trend: stable.

Are Foundation for Credit Counselling'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 Foundation for Credit Counselling based? +

Foundation for Credit Counselling is listed at Leeds · UK-wide · LS2 8ER and operates UK-wide, focused on poverty relief.

How does CharityCompare score Foundation for Credit Counselling? +

We analyse Charity Commission annual accounts using three-year averages for program expense, fundraising efficiency, and overhead (disclosed years only); working capital from reserves vs average expenditure; liabilities-to-assets from the latest balance sheet when available. Impact, leadership, and culture beacons are not yet assessed from public data alone. See our methodology for weights and thresholds. 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 Charity Commission data available to CharityCompare, and Foundation for Credit Counselling's most recent accounts cover 2024. Scores and figures refresh whenever we re-ingest the register, so the page reflects our latest data pull rather than a one-off review.