What is the financial size of FRIENDS OF THE ELDERLY?

FRIENDS OF THE ELDERLY is classified as a major charity. In the latest financial year, they reported a total income of £22,762,000 and total expenditure of £23,953,000.

How does FRIENDS OF THE ELDERLY allocate its spending?

For every pound spent, approximately 98.1% goes directly to charitable activities. The remaining 1.9% is spent on raising funds and administration.

What is the workforce structure of FRIENDS OF THE ELDERLY?

FRIENDS OF THE ELDERLY employs 491 staff members and is supported by 22 volunteers.

Does FRIENDS OF THE ELDERLY receive government funding?

To a small extent. Approximately 12.7% of their income comes from government grants or contracts.

Does FRIENDS OF THE ELDERLY pay its trustees?

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

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FRIENDS OF THE ELDERLY

#226064

Charitable company•Major•Registered

www.fote.org.uk

The charity offers residential, nursing and dementia care to older people in care homes on seven sites across england. We operate day care centres and a free-to-access grants service for individuals, and work to combat the devastating effects of loneliness among older people. Our vision is for a society in which all older people have the opportunity to live fulfilled lives.

Registered address

Bradbury Centre, Smiles Place, WOKING, Surrey, GU22 8BJ

Latest HighlightsFY 2024

Income

All sources

£22,762,000

Expenditure

All activities

£23,953,000

Net Reserves

Unrestricted funds

£23,853,000

Total Assets

Gross assets

£43,439,000

Working Capital

Liquidity

£-1,380,000

Benchmark Performance

Comparing against 1,903 similar major charities

Compare vs:

Reserve Runway

11.9 months

Median: 3.6 monthsTop quartile

Income Growth (1yr)

4.2%

Median: 8.2%Around typical

Spending Efficiency

98.1%

Median: 97.2%Around typical

Income Concentration

84.9%

Median: 87.1%Around typical

Fundraising ROI

50.7x

Median: 27.3xAround typical

Income Volatility

10.0%

Median: 13.4%Around typical

Self-Generated Income

93.9%

Median: 92.1%Around typical

3-Year Income CAGR

3.8%

Median: 8.7%Around typical

Efficiency & Health

Charitable Spending

98.1%

Fundraising Eff.

% income retained

50.7%

Governance Cost

% of expenditure

2.0%

Grant Making

% given away

Debt Ratio

% of assets

12.0%

Survival Ratio

Months of reserves

11.9 months

Income Profile

Donations & Legacies

% of income

3.3%

Government Reliance

% of income

12.7%

Largest Source

Primary income

Charitable Activities

Diversification

HHI: 8490

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

4.2%↑

Income CAGR (3yr)

Compound growth

3.8%

Volatility

Stable

10.0%

Reserves Trend

Direction

Building

Governance

Employees

Staff count

491

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

0.0:1

Revenue/Employee

Per head

£46,358

Trustee Benefits

Payments to trustees

High Earners

Earning over £60k

3.3%

Source: Charity Commission annual returns. Figures may differ from published accounts. Always verify with official charity filings for due diligence.

Charts

Income vs Expenditure

Income Sources

Assets vs Liabilities

5 Year Trend

Workforce Scale

Employees & Volunteers

Frequently Asked Questions

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