Question 1

What is the mission of WORCESTER DIOCESAN BOARD OF FINANCE LIMITED?

Accepted Answer

MEETING THE COSTS OF CLERGY STIPENDS, PENSIONS CONTRIBUTIONS, HOUSING, TRAINING TOGETHER WITH DIOCESAN ADMINISTRATION AND SUPPORT FOR MISSION AND MINISTRY OF THE CHURCH OF ENGLAND IN THE DIOCESE OF WORCESTER.

Question 2

What is the financial size of WORCESTER DIOCESAN BOARD OF FINANCE LIMITED?

Accepted Answer

WORCESTER DIOCESAN BOARD OF FINANCE LIMITED is classified as a major charity. In the latest financial year, they reported a total income of £10,631,000 and total expenditure of £9,285,000.

Question 3

How does WORCESTER DIOCESAN BOARD OF FINANCE LIMITED allocate its spending?

Accepted Answer

For every pound spent, approximately 98.5% goes directly to charitable activities. The remaining 1.5% is spent on raising funds and administration. This is higher than the median for similar-sized charities (96.6%).

Question 4

What is the workforce structure of WORCESTER DIOCESAN BOARD OF FINANCE LIMITED?

Accepted Answer

WORCESTER DIOCESAN BOARD OF FINANCE LIMITED employs 48 staff members and is supported by 0 volunteers.

Question 5

Does WORCESTER DIOCESAN BOARD OF FINANCE LIMITED receive government funding?

Accepted Answer

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

Question 6

Does WORCESTER DIOCESAN BOARD OF FINANCE LIMITED pay its trustees?

Accepted Answer

Yes, the latest data indicates that one or more trustees receive payments or personal benefits from the charity.

WORCESTER DIOCESAN BOARD OF FINANCE LIMITED

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