Question 1

What is the mission of SOCITM?

Accepted Answer

Socitm provides public benefit through the advancement of education in the effective use of information technology and data for the delivery of public services and the promotion of the efficient administration of public services and charities.

Question 2

What is the financial size of SOCITM?

Accepted Answer

SOCITM is classified as a large charity. In the latest financial year, they reported a total income of £1,979,839 and total expenditure of £5,569,308.

Question 3

How does SOCITM allocate its spending?

Accepted Answer

For every pound spent, approximately 22.7% goes directly to charitable activities. The remaining 77.3% 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 SOCITM?

Accepted Answer

SOCITM employs 19 staff members and is supported by 0 volunteers.

Question 5

Does SOCITM receive government funding?

Accepted Answer

To a small extent. Approximately 39.4% of their income comes from government grants or contracts.

Question 6

Does SOCITM pay its trustees?

Accepted Answer

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

SOCITM

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