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What it says it does
THE ROYAL SOCIETY OF LONDON FOR IMPROVING NATURAL KNOWLEDGE (COMMONLY KNOWN AS THE ROYAL SOCIETY)
The Royal Society has three roles: A learned society; The UK's Academy of Science; And as a funding agency. We- Promote science and its benefits- Recognise excellence in science- Support outstanding science- Provide scientific advice for policy- Foster international and global cooperation- Provide education and public engagement
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Income less expenditure is arithmetic, not a judgement of efficiency. Capital spending, restricted funds, grants, reserves, staffing models and reporting periods can make a superficial comparison misleading. Open the filed accounts before reaching a conclusion.
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