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The Chartered Institute of Management Accountants' Benevolent Fund

Charity rating & review

59/100 Clarity Score · 2 stars · Charity Commission filings · How we score

Verified · Charity Commission data
59 /100

Clarity score

Poor

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Quick answer

Is The Chartered Institute of Management Accountants' Benevolent Fund a good charity?

The Chartered Institute of Management Accountants' Benevolent Fund scores 59/100 (2 stars, Poor) on CharityCompare's Clarity Score, calculated from its UK regulator filings. Its latest accounts year is 2024 (£279k total income, 68% 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.

United Kingdom Reg 1196072 Registered charity Official website Charity Commission register

What does The Chartered Institute of Management Accountants' Benevolent Fund do?

The Chartered Institute of Management Accountants' Benevolent Fund is a registered charity (no. 1196072) working in poverty relief across the United Kingdom. Its latest Charity Commission filing directs 68% of spending to charitable activities, holding roughly 145 months of reserves, and files its annual accounts on time. 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 — The Chartered Institute of Management Accountants' Benevolent Fund hasn't added its own description yet. Work here? Add it free →

In short: THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' BENEVOLENT FUND scores 59 out of 100 (2 stars). 68% average program spend (Latest year, disclosed years only). Review the pillar breakdown below.

What is The Chartered Institute of Management Accountants' Benevolent Fund?

The Chartered Institute of Management Accountants' Benevolent Fund has a Clarity Score of 59 out of 100 on CharityCompare (2 stars, Poor). Charity Commission registration number 1196072. Status: Registered. Primary cause area: Poverty relief. Latest accounts year 2024: total income £279k, with 68% of expenditure on charitable activities. Accounts filing: up to date. Reserves: approximately 145 months of operating costs. 2 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

59/100

2★ · Poor

Cause spend

68%

latest year · charitable activities

Accountability

100/100

Finance beacon

Income

£279k

Latest year 2024

Reserves

145 mo

Months of running costs

Accounts filing

On time

Charity Commission

£2863.0 raised per £1 fundraising (latest year) · 0% overhead · Website on register · Confidence: medium

How does THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' BENEVOLENT FUND compare?

Clarity Score percentile against similar UK charities — the share of peers THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' BENEVOLENT FUND scores higher than.

Income band (£100k–£500k)23rdpercentile

Scores higher than 23% of 972 charities in its income band · 59/100 vs 70 peer average (marker).

Poverty relief charities10thpercentile

Scores higher than 10% of 1,502 charities in this cause · 59/100 vs 78 peer average (marker).

How reliable is The Chartered Institute of Management Accountants' Benevolent Fund's data?

Source
Charity Commission (England & Wales)
Accounts year
2024
Filing date
Profile reviewed

Medium confidence — some data missing or late

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 The Chartered Institute of Management Accountants' Benevolent 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.

100/100

Accountability & Transparency metrics for THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' BENEVOLENT FUND
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% 10 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.

17/100

Financial Health metrics for THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' BENEVOLENT FUND
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% 145 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.

0% 0/10 pts · 2-year average
Liabilities to assets

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

100% 2% · 5/5 pts

Financial Efficiency

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

70/100

Financial Efficiency metrics for THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' BENEVOLENT FUND
Metric Score Value
Program expense ratio

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

40% 68% · 4/10 pts (2-year average)
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 (2-year average)

Community Support

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

0/100

Community Support metrics for THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' BENEVOLENT FUND
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 →

What is The Chartered Institute of Management Accountants' Benevolent Fund's Clarity Score?

59/100 total · Poor · 2 of 5 stars

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

100/100
Accountability & Transparency
17/100
Financial Health
70/100
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 oversight10 trustees · 15/15 pts
Declared policies10/10 pts

Financial Health

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

17/100

Reserves (months of cash)145 months · 0/15 pts
Income stability / growth0/10 pts · 2-year average
Liabilities to assets2% · 5/5 pts

Financial Efficiency

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

70/100

Program expense ratio68% · 4/10 pts (2-year average)
Fundraising efficiency0p per £1 income · 10/10 pts (2-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 The Chartered Institute of Management Accountants' Benevolent Fund raise and spend?

Latest filed year 2024 · Source: Charity Commission filings

THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' BENEVOLENT FUND revenue and expenses for 2024
Category Amount % of spend
Total income £279k
Total expenditure £319k
Charitable activities Not disclosed

Where does the money go?

Latest accounts (2024) · £319k spent. Not disclosed in this filing — the Charity Commission return omits the charitable-activities split.

What trust indicators does The Chartered Institute of Management Accountants' Benevolent Fund have?

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)

    10 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 1196072

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

View on Charity Commission →

Trustees & officers

  • Matthew Miller FCMA since 2021
  • Andrew McGunnigle FCMA CGMA Chair · since 2021
  • Elaine Marie Richardson since 2022
  • Rachael Jarrett since 2022
  • Rona van Hoepen since 2022
  • Shahzad Ali since 2022
  • Yvonne Dzotsi since 2022
  • Bulelwa Kotta since 2023
  • Akmol Hussain since 2023
  • AMARJEET HANS since 2021
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 →

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 The Chartered Institute of Management Accountants' Benevolent Fund's finances changed over five years?

£0k £700k £1400k £2100k £2800k 2023 2024 Income 2023: £2,584k Spending 2023: £102k Cause spend 2023: £69k Income 2024: £279k Spending 2024: £319k Cause spend 2024: £0k
  • 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 The Chartered Institute of Management Accountants' Benevolent Fund?

Overall score
59/100 (2★)
Income
£279k
Cause spend
68% of expenditure
Reg number
1196072
Scope
UK-wide
Reserves
145 months
Trustees
10
Accounts year
2024
Filing
up to date

Where THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' BENEVOLENT FUND sits

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

Similar poverty relief charities

Top-rated peers by CharityCompare score

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What red flags does The Chartered Institute of Management Accountants' Benevolent Fund have?

Frequently asked questions

Common questions about The Chartered Institute of Management Accountants' Benevolent Fund's rating, finances, and Charity Commission status.

Is The Chartered Institute of Management Accountants' Benevolent Fund a good charity? +

The Chartered Institute of Management Accountants' Benevolent Fund scores 59 out of 100 (2 stars — Poor) on CharityCompare's Clarity Score, our independent read of its UK regulator filings. Around 68% 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 The Chartered Institute of Management Accountants' Benevolent Fund a legitimate charity? +

Yes — The Chartered Institute of Management Accountants' Benevolent Fund is a legitimate registered charity (charity number 1196072). Verify it on the official register: https://register-of-charities.charitycommission.gov.uk/en/charity-search/-/charity-details/1196072. Registration proves status; Clarity Score then summarises filing transparency on paper, not programme impact.

What is The Chartered Institute of Management Accountants' Benevolent Fund's charity number? +

The Chartered Institute of Management Accountants' Benevolent Fund's charity number is 1196072. 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 The Chartered Institute of Management Accountants' Benevolent Fund's charity rating? +

The Chartered Institute of Management Accountants' Benevolent Fund scores 59 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 The Chartered Institute of Management Accountants' Benevolent Fund have reviews and complaints? +

CharityCompare does not host public user reviews for The Chartered Institute of Management Accountants' Benevolent Fund. Instead you get a filing-based Clarity Score, cause spend, reserves and red flags such as late accounts (2 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 The Chartered Institute of Management Accountants' Benevolent Fund? +

According to its 2024 regulator filing, 68% of The Chartered Institute of Management Accountants' Benevolent Fund's total spending went to charitable activities. 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 The Chartered Institute of Management Accountants' Benevolent Fund's overheads? +

According to its 2024 regulator filing, fundraising costs were about 1% of total expenditure and combined overheads (fundraising plus governance) were about 0% of total expenditure at The Chartered Institute of Management Accountants' Benevolent Fund. The filings CharityCompare uses do not publish CEO or senior-staff pay, so we cannot say what The Chartered Institute of Management Accountants' Benevolent 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 The Chartered Institute of Management Accountants' Benevolent Fund receive? +

The Chartered Institute of Management Accountants' Benevolent Fund reported £279k total income in its 2024 accounts, based on UK regulator filings. Five-year trend: limited history.

Are The Chartered Institute of Management Accountants' Benevolent Fund'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 The Chartered Institute of Management Accountants' Benevolent Fund based? +

The Chartered Institute of Management Accountants' Benevolent Fund is listed at United Kingdom and operates UK-wide, focused on poverty relief.

How does CharityCompare score The Chartered Institute of Management Accountants' Benevolent Fund? +

We calculate a Clarity Score of 0–100 from four pillars in The Chartered Institute of Management Accountants' Benevolent 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 The Chartered Institute of Management Accountants' Benevolent Fund'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.