Monmouth Diocesan Board of Finance
Analysis
Monmouth Diocesan Board of Finance is a registered charity in England and Wales, based in Gwent. It was registered in January 1998, 28 years ago. Its declared purposes cover religious activities, which this site groups under religion. Legally it is a charitable company (Companies House number 03489945). It says it acts as an umbrella or resource body.
In the financial year ending December 2025, Monmouth Diocesan Board of Finance reported income of £4.2m and spending of £4.1m, spending 99% of its income. Across the 5 years on record, from December 2021 to December 2025, income grew from £3.9m to £4.2m (+5.8%), an average of +1.4% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 91% of the income it received.
Among 20,496 England and Wales charities whose main cause is religion and that reported income, Monmouth Diocesan Board of Finance sits at the 99th percentile: it is larger than about 99% of them. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include The Parochial Church Council of the Ecclesiastical Parish of St James, Westminster (£4.1m), The Parochial Church Council of the Ecclesiastical Parish of Newark on Trent St Mary Magdalene with St Leonard (£4.3m) and The West London Synagogue of British Jews (£4.1m).
In its latest detailed accounts, income came from donations and legacies 93%, investments 4.4% and trading 2.6%. Charitable activities took 98% of spending and raising funds 0.5%. Grants to other organisations totalled £330k. Reserves of £4.5m would cover about 13 months of spending at that rate. It employed 17 people.
Income and spending
Where the income comes from
- Donations 93%
- Trading 2.6%
- Investments 4.4%
- Other 0.0%
In the charity's own words
To ensure that there is sufficient revenue to maintain the level of stipendiary ministry for the diocese and to enable the administrative functions of the diocese to be properly exercised.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Parochial Church Council of the Ecclesiastical Parish of St James, Westminster | London | £4.1m |
| The Parochial Church Council of the Ecclesiastical Parish of Newark on Trent St Mary Magdalene with St Leonard | Nottinghamshire | £4.3m |
| The West London Synagogue of British Jews | London | £4.1m |
| Tchabe Kollel Limited | London | £4.3m |