What is the financial size of THE BIOCHEMICAL SOCIETY?

THE BIOCHEMICAL SOCIETY is classified as a large charity. In the latest financial year, they reported a total income of £4,802,000 and total expenditure of £3,965,000.

How does THE BIOCHEMICAL SOCIETY allocate its spending?

For every pound spent, approximately 99.0% goes directly to charitable activities. The remaining 1.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.8%).

What is the workforce structure of THE BIOCHEMICAL SOCIETY?

THE BIOCHEMICAL SOCIETY employs 43 staff members and is supported by 212 volunteers.

Does THE BIOCHEMICAL SOCIETY receive government funding?

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Does THE BIOCHEMICAL SOCIETY pay its trustees?

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

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THE BIOCHEMICAL SOCIETY

#253894

Charitable company•Large•Registered

www.biochemistry.org

The biochemical society exists for the advancement of the molecular and cellular biosciences, both as an academic discipline and to promote its impact on areas of science including biotechnology, agriculture, and medicine.We achieve our mission though our publications and journals, scientific meetings, educational activities, policy work, awards and grants to scientists and students.

Registered address

Office 605, Albert House, 256-260 Old Street, London, EC1V 9DD

Latest HighlightsFY 2024

Income

All sources

£4,802,000

Expenditure

All activities

£3,965,000

Net Reserves

Unrestricted funds

£11,328,000

Total Assets

Gross assets

£14,747,000

Working Capital

Liquidity

£809,000

Benchmark Performance

Comparing against 8,683 similar large charities

Compare vs:

Reserve Runway

34.3 months

Median: 3.8 monthsTop quartile

Income Growth (1yr)

1.7%

Median: 7.4%Around typical

Spending Efficiency

99.0%

Median: 97.8%Around typical

Income Concentration

81.5%

Median: 87.9%Around typical

Fundraising ROI

126.4x

Median: 19.2xTop quartile

Income Volatility

8.1%

Median: 20.6%Top quartile

Self-Generated Income

97.3%

Median: 82.9%Around typical

3-Year Income CAGR

3.2%

Median: 7.8%Around typical

Efficiency & Health

Charitable Spending

99.0%

Fundraising Eff.

% income retained

126.4%

Governance Cost

% of expenditure

7.4%

Grant Making

% given away

4.3%

Debt Ratio

% of assets

15.4%

Survival Ratio

Months of reserves

34.3 months

Income Profile

Donations & Legacies

% of income

2.7%

Government Reliance

% of income

Largest Source

Primary income

Charitable Activities

Diversification

HHI: 8150

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

1.7%↑

Income CAGR (3yr)

Compound growth

3.2%

Volatility

Stable

8.1%

Reserves Trend

Direction

Depleting

Governance

Employees

Staff count

Volunteers

Volunteer count

212

Volunteer Ratio

Per staff member

4.9:1

Revenue/Employee

Per head

£111,674

Trustee Benefits

Payments to trustees

High Earners

Earning over £60k

14.0%

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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