Question 1

What is the mission of THE SOLA TRUST?

Accepted Answer

Providing grants to individuals involved in training for gospel word ministry. Such training may be at theological college or be of an apprentice-style, based at at a Church. Also provision of grants to churches and other organisations involved in promoting the Christian faith to assist with the launch of new ministries. On occasion provides grants to gospel workers facing financial hardship.

Question 2

What is the financial size of THE SOLA TRUST?

Accepted Answer

THE SOLA TRUST is classified as a large charity. In the latest financial year, they reported a total income of £1,199,103 and total expenditure of £625,835.

Question 3

How does THE SOLA TRUST allocate its spending?

Accepted Answer

For every pound spent, approximately 100.0% goes directly to charitable activities. The remaining 0.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.7%).

Question 4

What is the workforce structure of THE SOLA TRUST?

Accepted Answer

THE SOLA TRUST employs 0 staff members and is supported by 0 volunteers.

Question 5

Does THE SOLA 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 SOLA TRUST pay its trustees?

Accepted Answer

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

THE SOLA TRUST

Latest HighlightsFY 2025

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