HISTORIC ROYAL PALACES logo

HISTORIC ROYAL PALACES

#1068852
OtherMajorRegistered
www.hrp.org.uk

A)to manage, conserve, renovate and repair the palaces (hampton court, tower of london, kensington palace, kew palace, banqueting house, hillsborough castle) to a high standard consistent with their status; b)to help everyone to learn about the palaces, the skills required for their conservation and the wider story of how monarchs and people together have shaped society, by all appropriate means

Latest HighlightsFY 2025

Income

All sources

£138,596,000
Expenditure

All activities

£108,351,000
Net Reserves

Unrestricted funds

£20,000,000
Total Assets

Gross assets

£201,286,000
Working Capital

Liquidity

£-9,320,000

Benchmark Performance

Comparing against 1,903 similar major charities

Compare vs:
Reserve Runway
2.2 months
Median: 3.6 monthsAround typical
Income Growth (1yr)
3.1%
Median: 8.2%Around typical
Spending Efficiency
84.0%
Median: 97.2%Below typical
Income Concentration
52.7%
Median: 87.1%Top quartile
Fundraising ROI
8.0x
Median: 27.3xAround typical
Income Volatility
37.7%
Median: 13.4%Below typical
Self-Generated Income
97.2%
Median: 92.1%Around typical
3-Year Income CAGR
36.5%
Median: 8.7%Top quartile

Efficiency & Health

Charitable Spending
84.0%
Fundraising Eff.

% income retained

8.0%
Governance Cost

% of expenditure

0.5%
Grant Making

% given away

0%
Debt Ratio

% of assets

32.9%
Survival Ratio

Months of reserves

2.2 months

Income Profile

Donations & Legacies

% of income

2.8%
Government Reliance

% of income

0.4%
Largest Source

Primary income

Charitable Activities
Diversification

HHI: 5272

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

3.1%
Income CAGR (3yr)

Compound growth

36.5%
Volatility

High Volatility

37.7%
Reserves Trend

Direction

Building

Governance

Employees

Staff count

910
Volunteers

Volunteer count

765
Volunteer Ratio

Per staff member

0.8:1
Revenue/Employee

Per head

£152,303
Trustee Benefits

Payments to trustees

No
High Earners

Earning over £60k

10%

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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