What is the financial size of THE HEREFORD DIOCESAN BOARD OF FINANCE?

THE HEREFORD DIOCESAN BOARD OF FINANCE is classified as a large charity. In the latest financial year, they reported a total income of £6,235,313 and total expenditure of £7,432,687.

How does THE HEREFORD DIOCESAN BOARD OF FINANCE allocate its spending?

For every pound spent, approximately 96.1% goes directly to charitable activities. The remaining 3.9% 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 THE HEREFORD DIOCESAN BOARD OF FINANCE?

THE HEREFORD DIOCESAN BOARD OF FINANCE employs 44 staff members and is supported by 50 volunteers.

Does THE HEREFORD DIOCESAN BOARD OF FINANCE receive government funding?

To a small extent. Approximately 1.7% of their income comes from government grants or contracts.

Does THE HEREFORD DIOCESAN BOARD OF FINANCE pay its trustees?

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

← Back to search

THE HEREFORD DIOCESAN BOARD OF FINANCE

#249685

Charitable company•Large•Registered

www.hereford.anglican.org

Promotion of christianity

Registered address

HEREFORD DIOCESAN BOARD OF FINANCE, HEREFORD DIOCESAN BOARD OF EDUCATIO, THE PALACE, PALACE YARD, HEREFORD, HR4 9BL

Latest HighlightsFY 2024

Income

All sources

£6,235,313

Expenditure

All activities

£7,432,687

Net Reserves

Unrestricted funds

£1,751,526

Total Assets

Gross assets

£96,053,965

Working Capital

Liquidity

£1,573,986

Benchmark Performance

Comparing against 8,683 similar large charities

Compare vs:

Reserve Runway

2.8 months

Median: 3.8 monthsAround typical

Income Growth (1yr)

5.7%

Median: 7.4%Around typical

Spending Efficiency

96.1%

Median: 97.8%Around typical

Income Concentration

52.0%

Median: 87.9%Top quartile

Fundraising ROI

21.6x

Median: 19.2xAround typical

Income Volatility

6.1%

Median: 20.6%Top quartile

Self-Generated Income

29.8%

Median: 82.9%Around typical

3-Year Income CAGR

3.6%

Median: 7.8%Around typical

Efficiency & Health

Charitable Spending

96.1%

Fundraising Eff.

% income retained

21.6%

Governance Cost

% of expenditure

0.3%

Grant Making

% given away

7.8%

Debt Ratio

% of assets

1.0%

Survival Ratio

Months of reserves

2.8 months

Income Profile

Donations & Legacies

% of income

69.6%

Government Reliance

% of income

1.7%

Largest Source

Primary income

Donations & Legacies

Diversification

HHI: 5204

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

5.7%↑

Income CAGR (3yr)

Compound growth

3.6%

Volatility

Stable

6.1%

Reserves Trend

Direction

Stable

Governance

Employees

Staff count

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

1.1:1

Revenue/Employee

Per head

£141,712

Trustee Benefits

Payments to trustees

High Earners

Earning over £60k

2.3%

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 Human Rights/religious Or Racial Harmony/equality Or Diversity

TRUST FOR LONDON

#205629Large

Income£10.0M

FREEDOM FROM TORTURE

#1000340Large

Income£9.9M

TOUCHSTONE-LEEDS

#1012053Large