Question 1

What is the mission of GEAR TRUST UK?

Accepted Answer

1. Provision of micro finance including loans and/or equity funding for small enterprises;2. Provision of assistance in the establishment of small businesses and the provision of support for small businesses owned by and primarily employing those in poverty or financial hardship;3. Promote education by awarding scholarships etc;4. Provision of food and medical treatment for poor people.

Question 2

What is the financial size of GEAR TRUST UK?

Accepted Answer

GEAR TRUST UK is classified as a medium charity. In the latest financial year, they reported a total income of £789,050 and total expenditure of £768,068.

Question 3

How does GEAR TRUST UK allocate its spending?

Accepted Answer

For every pound spent, approximately 100.0% goes directly to charitable activities. The remaining 0.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (99.0%).

Question 4

What is the workforce structure of GEAR TRUST UK?

Accepted Answer

GEAR TRUST UK employs 0 staff members and is supported by 0 volunteers.

Question 5

Does GEAR TRUST UK receive government funding?

Accepted Answer

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

Question 6

Does GEAR TRUST UK pay its trustees?

Accepted Answer

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

GEAR TRUST UK

Latest HighlightsFY 2024

Income Sources

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