Question 1

What is the mission of HATCH ENTERPRISE?

Accepted Answer

We provide community-based entrepreneurship programmes to emerging entrepreneurs, through an eco-system of support that includes the provision of knowledge, mentorship and workspace. We help entrepreneurs develop the spirit needed to access meaningful self-employment opportunities including starting or growing a business or social enterprise.

Question 2

What is the financial size of HATCH ENTERPRISE?

Accepted Answer

HATCH ENTERPRISE is classified as a large charity. In the latest financial year, they reported a total income of £2,348,486 and total expenditure of £2,288,884.

Question 3

How does HATCH ENTERPRISE allocate its spending?

Accepted Answer

For every pound spent, approximately 87.3% goes directly to charitable activities. The remaining 12.7% 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 HATCH ENTERPRISE?

Accepted Answer

HATCH ENTERPRISE employs 30 staff members and is supported by 300 volunteers.

Question 5

Does HATCH ENTERPRISE receive government funding?

Accepted Answer

To a small extent. Approximately 9.5% of their income comes from government grants or contracts.

Question 6

Does HATCH ENTERPRISE pay its trustees?

Accepted Answer

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

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