The Truro Diocesan Board of Finance Limited

Analysis

The Truro Diocesan Board of Finance Limited is a registered charity in England and Wales, based in Cornwall. It was registered in June 1966, 60 years ago. Its declared purposes cover religious activities, which this site groups under religion. Legally it is a charitable company (Companies House number 00049825). It says it provides services.

In the financial year ending December 2025, The Truro Diocesan Board of Finance Limited reported income of £8.3m and spending of £10.3m, spending 124% of what it took in. Across the 5 years on record, from December 2021 to December 2025, income grew from £6.9m to £8.3m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2025, when income rose by 16%. Over the whole period it spent 128% of the income it received.

Among 20,496 England and Wales charities whose main cause is religion and that reported income, The Truro Diocesan Board of Finance Limited sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Marymount International School (£8.2m), Al-Shirkatul Islamiyyah (£8.3m) and The Society for Promoting Christian Knowledge (£8.1m).

In its latest detailed accounts, income came from donations and legacies 71%, investments 19%, trading 4.4% and charitable activities 2.6%. Charitable activities took 92% of spending and raising funds 3.6%. Grants to other organisations totalled £1.0m. Reserves of £1.8m would cover about 2 months of spending at that rate. It employed 42 people.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.