Question 1

What is the mission of EAST LONDON BUSINESS ALLIANCE?

Accepted Answer

To promote and improve the efficiency of charities, community organisations and other regeneration bodies and to support them in direct furtherance of their respective objects through the promotion of private and public sector involvement in the economic and social improvement and development of East London.

Question 2

What is the financial size of EAST LONDON BUSINESS ALLIANCE?

Accepted Answer

EAST LONDON BUSINESS ALLIANCE is classified as a large charity. In the latest financial year, they reported a total income of £3,452,672 and total expenditure of £3,427,984.

Question 3

How does EAST LONDON BUSINESS ALLIANCE allocate its spending?

Accepted Answer

For every pound spent, approximately 72.6% goes directly to charitable activities. The remaining 27.4% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.7%).

Question 4

What is the workforce structure of EAST LONDON BUSINESS ALLIANCE?

Accepted Answer

EAST LONDON BUSINESS ALLIANCE employs 44 staff members and is supported by 16,006 volunteers.

Question 5

Does EAST LONDON BUSINESS ALLIANCE receive government funding?

Accepted Answer

To a small extent. Approximately 0.5% of their income comes from government grants or contracts.

Question 6

Does EAST LONDON BUSINESS ALLIANCE pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

EAST LONDON BUSINESS ALLIANCE

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