Question 1

What is the mission of Launch It Trust?

Accepted Answer

The activities of the Launch It Trust continue to be the provision of business support and subsidised workspace units to start-up businesses, many of whom are also supported by The Prince's Trust.

Question 2

What is the financial size of Launch It Trust?

Accepted Answer

Launch It Trust is classified as a large charity. In the latest financial year, they reported a total income of £1,016,017 and total expenditure of £881,910.

Question 3

How does Launch It Trust 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 (97.8%).

Question 4

What is the workforce structure of Launch It Trust?

Accepted Answer

Launch It Trust employs 9 staff members and is supported by 42 volunteers.

Question 5

Does Launch It Trust receive government funding?

Accepted Answer

To a small extent. Approximately 8.4% of their income comes from government grants or contracts.

Question 6

Does Launch It Trust pay its trustees?

Accepted Answer

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

Launch It Trust

Latest HighlightsFY 2024

Income Sources

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