# Concern income down by €3 million

- Link: https://fundraising.co.uk/2010/12/01/concern-income-down-e3-million/
- Published: 2010-12-01T00:01:30+00:00
- Author: Howard Lake

Development charity Concern Worldwide’s income in 2009 was down nearly €3 million
on the previous year, according to its annual report. Total income for 2009 was 
€129,421,000 and €132,298,000 in 2008. Income would have been lower by €8.8 million
in 2009 but for the disposal of a subsidiary organisation.

One of the biggest falls in income was in the area of voluntary fundraising which
dropped from €53.6 million to €44.8 million. The value of donated goods increased
but grants from government and trading activities both declined.

Within the voluntary income category, committed income held up at €23 million but
legacy income declined from €4.5 million to €2.7 million, while corporates, major
donors and trusts fell from €7.6 million to €4.2 million. Public appeals also fell
to €14.3 million from €16.7 million.

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Concern receives significant income from foreign governments and international organisations
such as the UN and this source increased to €14.7 million from €11.2 million. Funding
from the Irish government, however, fell from €26 million in 2008 to €20.8 million
in 2009.

The charity reduced the cost of generating its income from €12.3 million to €11 
million.

The above figures are derived from the consolidated accounts of Concern in Ireland
and the UK. Income within the UK actually increased from €13.2 million to €14.5 
million, due largely to increased government funding.

www.concern.net

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