Oxfam Ireland raises ‚€13.7 million
Howard Lake | 20 February 2007 | News
Oxfam Ireland’s accounts show that the third world charity raised ‚€13.7 million to the year ended April 2006. While the overall figure is down on the total of ‚€14.4 million for the previous year, Oxfam’s fundraising activities have posted increased figures.
Dr Brian Scott, chief executive of Oxfam Ireland, said it had been a year of continued growth with an increase across all three sources of funding. Government grant aid was down on 2005 but this can be accounted for by the timing of receipts.
Trading income, mostly shops, was ‚€5.8 million while income from donations, gifts and corporate appeals was ‚€4.9 million.
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As part of Oxfam’s campaigning work, it promotes the fairtrade concept. It operates 43 retail shops and a handful of dedicated fairtrade outlets. The Oxfam shops made a profit of just over ‚€1 million.
”They have been doing fantastically well, with double digit sales growth, said Scott. He added that Oxfam was constantly trying to innovate. Oxfam Vintage, the range of specially selected vintage clothing, has attracted many more younger customers to the shops.
Staff costs for Oxfam’s 52 employees were ‚€1.57 million. Fundraising costs for 2006 were ‚€5.76 million. The relief agency had net funds of ‚€2.687million at the end of April 2006.
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.