Question 1

What is the mission of MONEY ADVICE TRUST?

Accepted Answer

We help people across the UK tackle their debts and manage their money with confidence. The Trust?s main activities are providing free advice through National Debtline and Business Debtline; supporting advisers through Wiseradviser; and improving the UK?s money and debt environment through policy, research, innovation grants and awareness raising campaigns.

Question 2

What is the financial size of MONEY ADVICE TRUST?

Accepted Answer

MONEY ADVICE TRUST is classified as a major charity. In the latest financial year, they reported a total income of £21,681,305 and total expenditure of £22,517,187.

Question 3

How does MONEY ADVICE TRUST allocate its spending?

Accepted Answer

For every pound spent, approximately 98.8% goes directly to charitable activities. The remaining 1.2% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.2%).

Question 4

What is the workforce structure of MONEY ADVICE TRUST?

Accepted Answer

MONEY ADVICE TRUST employs 322 staff members and is supported by 0 volunteers.

Question 5

Does MONEY ADVICE TRUST receive government funding?

Accepted Answer

Yes. Approximately 63.1% of their income comes from government grants or contracts.

Question 6

Does MONEY ADVICE TRUST pay its trustees?

Accepted Answer

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

MONEY ADVICE TRUST

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