Question 1

What is the mission of OPEN AGE?

Accepted Answer

We are Open Age, the charity empowering all older people in London to stay active, stay curious and stay connected. We are creating an inclusive community for everyone to take part in enjoyable activities, supporting them to meet, move and learn.

Question 2

What is the financial size of OPEN AGE?

Accepted Answer

OPEN AGE is classified as a large charity. In the latest financial year, they reported a total income of £1,905,519 and total expenditure of £2,328,751.

Question 3

How does OPEN AGE allocate its spending?

Accepted Answer

For every pound spent, approximately 95.8% goes directly to charitable activities. The remaining 4.2% 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 OPEN AGE?

Accepted Answer

OPEN AGE employs 36 staff members and is supported by 85 volunteers.

Question 5

Does OPEN AGE receive government funding?

Accepted Answer

Yes. Approximately 56.0% of their income comes from government grants or contracts.

Question 6

Does OPEN AGE pay its trustees?

Accepted Answer

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

OPEN AGE

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