Question 1

What is the mission of FINANCE INNOVATION LAB?

Accepted Answer

THE FINANCE INNOVATION LAB WORKS FOR A FINANCIAL SYSTEM THAT SERVES PEOPLE AND PLANET - ONE THAT IS DEMOCRATIC, RESPONSIBLE AND FAIR. WE DO THIS BY FINDING, CONNECTING AND BUILDING THE IMPACT OF INNOVATORS, CAMPAIGNERS AND INTRAPRENEURS (PROFESSIONALS SEEKING TO TRANSFORM THEIR ORGANISATIONS).

Question 2

What is the financial size of FINANCE INNOVATION LAB?

Accepted Answer

FINANCE INNOVATION LAB is classified as a medium charity. In the latest financial year, they reported a total income of £859,764 and total expenditure of £703,433.

Question 3

How does FINANCE INNOVATION LAB allocate its spending?

Accepted Answer

For every pound spent, approximately 91.1% goes directly to charitable activities. The remaining 8.9% is spent on raising funds and administration. This is lower than the median for similar-sized charities (99.0%).

Question 4

What is the workforce structure of FINANCE INNOVATION LAB?

Accepted Answer

FINANCE INNOVATION LAB employs 10 staff members and is supported by 0 volunteers.

Question 5

Does FINANCE INNOVATION LAB receive government funding?

Accepted Answer

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Question 6

Does FINANCE INNOVATION LAB pay its trustees?

Accepted Answer

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

FINANCE INNOVATION LAB

Latest HighlightsFY 2024

Income Sources

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