Question 1

What is the mission of THE PALACE TRUST?

Accepted Answer

The Palace Trust aims to preserve and make accessible The Bishop's Palace and its fourteen acres of gardens to the public, as a place of historic, architectural and landscape interest.

Question 2

What is the financial size of THE PALACE TRUST?

Accepted Answer

THE PALACE TRUST is classified as a large charity. In the latest financial year, they reported a total income of £1,955,522 and total expenditure of £1,839,240.

Question 3

How does THE PALACE TRUST allocate its spending?

Accepted Answer

For every pound spent, approximately 55.6% goes directly to charitable activities. The remaining 44.4% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.8%).

Question 4

What is the workforce structure of THE PALACE TRUST?

Accepted Answer

THE PALACE TRUST employs 51 staff members and is supported by 177 volunteers.

Question 5

Does THE PALACE TRUST receive government funding?

Accepted Answer

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

Question 6

Does THE PALACE TRUST pay its trustees?

Accepted Answer

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

THE PALACE TRUST

Latest HighlightsFY 2024

Income Sources

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