What is the financial size of RICH MIX CULTURAL FOUNDATION?

RICH MIX CULTURAL FOUNDATION is classified as a large charity. In the latest financial year, they reported a total income of £2,526,956 and total expenditure of £3,151,730.

How does RICH MIX CULTURAL FOUNDATION allocate its spending?

For every pound spent, approximately 67.4% goes directly to charitable activities. The remaining 32.6% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.8%).

What is the workforce structure of RICH MIX CULTURAL FOUNDATION?

RICH MIX CULTURAL FOUNDATION employs 53 staff members and is supported by 4 volunteers.

Does RICH MIX CULTURAL FOUNDATION receive government funding?

To a small extent. Approximately 0.6% of their income comes from government grants or contracts.

Does RICH MIX CULTURAL FOUNDATION pay its trustees?

Yes, the latest data indicates that one or more trustees receive payments or personal benefits from the charity.

← Back to search

RICH MIX CULTURAL FOUNDATION

#1089163

Charitable company•Large•Registered

www.richmix.org.uk

To advance education of the public in art and culture of all types; to work towards the elimination of racial discrimination; to promote equality of opportunity and good relations between people of different racial groups, particularly by promoting events and activities to foster intercultural diversity of migrant communities and their contribution to the economic and cultural life of the uk.

Registered address

35-47 BETHNAL GREEN ROAD, LONDON, E1 6LA

Latest HighlightsFY 2024

Income

All sources

£2,526,956

Expenditure

All activities

£3,151,730

Net Reserves

Unrestricted funds

£111,399

Total Assets

Gross assets

£13,534,528

Working Capital

Liquidity

£59,012

Benchmark Performance

Comparing against 8,683 similar large charities

Compare vs:

Reserve Runway

0.4 months

Median: 3.8 monthsBelow typical

Income Growth (1yr)

10.4%

Median: 7.4%Around typical

Spending Efficiency

67.4%

Median: 97.8%Below typical

Income Concentration

38.1%

Median: 87.9%Top quartile

Fundraising ROI

28.8x

Median: 19.2xAround typical

Income Volatility

13.4%

Median: 20.6%Around typical

Self-Generated Income

77.8%

Median: 82.9%Around typical

3-Year Income CAGR

-5.7%

Median: 7.8%Below typical

Efficiency & Health

Charitable Spending

67.4%

Fundraising Eff.

% income retained

28.8%

Governance Cost

% of expenditure

1.2%

Grant Making

% given away

Debt Ratio

% of assets

4.5%

Survival Ratio

Months of reserves

0.4 months

Income Profile

Donations & Legacies

% of income

22.2%

Government Reliance

% of income

0.6%

Largest Source

Primary income

Trading

Diversification

HHI: 3813

Moderately Concentrated

Trends

Income Growth (1yr)

Year over Year

10.4%↑

Income CAGR (3yr)

Compound growth

-5.7%

Volatility

Stable

13.4%

Reserves Trend

Direction

Depleting

Governance

Employees

Staff count

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

0.1:1

Revenue/Employee

Per head

£47,678

Trustee Benefits

Payments to trustees

Yes

High Earners

Earning over £60k

1.9%

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

Related Charities

Similar charities in Education/training

OXFORD DIOCESAN BOARD OF EDUCATION

#1133586Large

Income£17.5M

LINACRE COLLEGE

#1142130Large

Income£10.9M

THE NATIONAL SOCIETY (CHURCH OF ENGLAND AND CHURCH IN WALES) FOR THE PROMOTION OF EDUCATION

#313070Large

Income£10.0M

BURGESS HILL SCHOOL FOR GIRLS COMPANY

#307001Large