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Charity Bank is a savings and loans bank with a mission to use money for good. We use our savers’ money to make loans to organisations with charitable purposes.

We're entirely owned by charitable foundations, trusts and social purpose organisations. Our non-executive directors are unpaid and we do not operate a staff bonus scheme, so when we say we’re an ethical bank, we mean it.

We’ve lent over £140 million to charities and social enterprises from across the UK, and 100% of our borrowers would recommend us.

TypePrivate
Founded2002
HQKent, GB
Websitecharitybank.org

Locations

Charity Bank is headquartered in
Kent, United Kingdom

Location Map

Latest Updates

Employees (est.) (Oct 2020)64
Revenue (FY, 2018)£5.8 M(+11%)
Cybersecurity ratingAMore

Key People/Management at Charity Bank

Carolyn Sims

Carolyn Sims

Banking Director
Peter Hughes

Peter Hughes

Regional Manager, Midlands
Julie Evans

Julie Evans

Lending Manager
Lisa Gilbert

Lisa Gilbert

Loans Administration Officer
Sharon Gooch

Sharon Gooch

Deal Manager
Stacey Goodrich

Stacey Goodrich

Loans Administration Assistant
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Charity Bank Office Locations

Charity Bank has an office in Kent
Kent, GB (HQ)
182 High St
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Charity Bank Financials and Metrics

Summary Metrics

Founding Date

2002

Charity Bank total Funding

$16.3 m

Charity Bank latest funding size

$6.42 m

Time since last funding

a year ago

Charity Bank investors

Charity Bank's latest funding round in November 2019 was reported to be $6.4 m. In total, Charity Bank has raised $16.3 m
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Charity Bank Revenue

Charity Bank's revenue was reported to be £5.84 m in FY, 2018
GBP

Revenue (FY, 2018)

5.8m

Net income (FY, 2018)

(608.0k)

Cash (31-Dec-2018)

10.7m
GBPFY, 2008FY, 2009FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

2.6m2.3m4.1m4.1m4.6m5.3m5.8m

Cost of goods sold

821.0k1.1m

Gross profit

1.7m1.2m

Gross profit Margin, %

68%53%
GBPFY, 2008FY, 2009FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

5.3m5.6m1.2m3.6m4.4m6.5m10.7m

Accounts Receivable

41.9m52.3m53.6m68.2m87.2m108.8m181.5m

Inventories

Current Assets

47.6m58.2m55.1m72.3m93.4m118.0m193.9m
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Charity Bank Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

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Charity Bank Online and Social Media Presence

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Charity Bank News and Updates

Charity Bank secures additional £230k equity investment from Esmée Fairbairn Foundation

Charity Bank has secured a £230k equity investment from Esmée Fairbairn Foundation, as part of its current drive to raise new share capital.  Charity Bank is aiming to raise at least £3m in new share capital by the end of 2021, having raised nearly £5m in subordinated debt in 2019. Esmée Fairbairn F…

Charity Bank secures £500k new investment as it seeks to double lending

Social sector loans and savings bank Charity Bank has secured a £500,000 investment from Esmée Fairbairn Foundation as part of its current drive to raise share capital.  Charity Bank recently raised almost £5 million in subordinated debt, and is now focused on attracting an additional £10 million in…

Charity Bank raises nearly £5 million in subordinated debt

Charity Bank has announced the successful raise of nearly £5 million in subordinated debt as well as plans to attract an additional £10 million in new equity investment from charities, trusts and foundations. This capital will enable Charity Bank to grow its support for the social sector and increas…

Charity Bank issues 1000th loan

Charity Bank has issued its 1000th loan: £250,000 to Andrew Windsor Almshouses, a Surrey-based charity supporting pensioners in need of housing. Andrew Windsor Almshouses has been providing accommodation for nearly 400 years, and currently houses 11 residents. The £250k loan from Charity Bank will a…

Time for charities to check interest rate on savings, urges Charity Bank

Most charities are earning less interest than the Bank of England base rate, according to research, so Charity Bank is encouraging all charities to review the interest being paid on their savings. Research conducted by Third Sector and Flagstone has found that 85% of the 194 charities surveyed are e…

Charity Bank introduces easy access bank account for charities

Charity Bank has expanded its range of charity deposit accounts with its new Ethical Easy Access Account. The account offers a rate of 0.50% gross/AER to charities looking for same-day access to their deposits. It includes online access. It is an easy access account and not a current account, so doe…
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Charity Bank Frequently Asked Questions

  • When was Charity Bank founded?

    Charity Bank was founded in 2002.

  • Who are Charity Bank key executives?

    Charity Bank's key executives are Carolyn Sims, Peter Hughes and Julie Evans.

  • How many employees does Charity Bank have?

    Charity Bank has 64 employees.

  • What is Charity Bank revenue?

    Latest Charity Bank annual revenue is £5.8 m.

  • What is Charity Bank revenue per employee?

    Latest Charity Bank revenue per employee is £91.3 k.

  • Who are Charity Bank competitors?

    Competitors of Charity Bank include Globalance Bank, World Bank Group and Fintech Association of Hong Kong.

  • Where is Charity Bank headquarters?

    Charity Bank headquarters is located at 182 High St, Kent.

  • Where are Charity Bank offices?

    Charity Bank has an office in Kent.

  • How many offices does Charity Bank have?

    Charity Bank has 1 office.