SOMERSET NHS FOUNDATION TRUST CHARITABLE FUNDS logo

SOMERSET NHS FOUNDATION TRUST CHARITABLE FUNDS

#1059922
OtherLargeRegistered
https://www.lovemusgrove.org.uk

The charity's objectives are as follows" the trustees shall hold the trust fund upon trust to apply the income, and at their discretion, the capital, for any charitable purpose or purposes relating to the national health service mainly in somerset".

Areas of operation

Registered address

The Charitable Funds Accountant, Somerset NHS FT Finance Department, Block B2 South, Level 2, County Hall, The Cres

Latest HighlightsFY 2024

Income

All sources

£7,260,517
Expenditure

All activities

£1,427,099
Net Reserves

Unrestricted funds

£7,920,681
Total Assets

Gross assets

£9,332,959
Working Capital

Liquidity

£6,215,648

Benchmark Performance

Comparing against 8,683 similar large charities

Compare vs:
Reserve Runway
66.6 months
Median: 3.8 monthsTop quartile
Income Growth (1yr)
652.1%
Median: 7.4%Top quartile
Spending Efficiency
71.3%
Median: 97.8%Below typical
Income Concentration
48.2%
Median: 87.9%Top quartile
Fundraising ROI
17.7x
Median: 19.2xAround typical
Income Volatility
319.2%
Median: 20.6%Below typical
Self-Generated Income
4.9%
Median: 82.9%Below typical
3-Year Income CAGR
63.3%
Median: 7.8%Top quartile

Efficiency & Health

Charitable Spending
71.3%
Fundraising Eff.

% income retained

17.7%
Governance Cost

% of expenditure

0.8%
Grant Making

% given away

98.8%
Debt Ratio

% of assets

2.2%
Survival Ratio

Months of reserves

66.6 months

Income Profile

Donations & Legacies

% of income

59.6%
Government Reliance

% of income

0%
Largest Source

Primary income

Donations & Legacies
Diversification

HHI: 4824

Moderately Concentrated

Trends

Income Growth (1yr)

Year over Year

652.1%
Income CAGR (3yr)

Compound growth

63.3%
Volatility

High Volatility

319.2%
Reserves Trend

Direction

Building

Governance

Employees

Staff count

8
Volunteers

Volunteer count

30
Volunteer Ratio

Per staff member

3.8:1
Revenue/Employee

Per head

£907,565
Trustee Benefits

Payments to trustees

No
High Earners

Earning over £60k

0%

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

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