Simon Community gets £192,000 Christmas cheque
Howard Lake | 23 December 2010 | News
As the Simon Community Northern Ireland received a Christmas boost with a donation of £192,000 from a local construction and building supplies company, the latest accounts show that the charity’s income fell from £7.6 million to £7.2 million between 2008 and 2009.
Northstone NI, which is one of the CRH group of companies, made the donation as part of its Simon Safety Challenge. The Safety Challenge has raised around €2.5 million throughout Ireland for Simon Communities since it was launched in 2007.
Accounts for 2009 show Simon’s general drop in income was due mostly to a decline in voluntary income which was £1.5 million in 2008 and £1.25 million in 2009.
Within voluntary income the most dramatic decline was in grants which fell from £969,969 to £382,160. Gifts and donations increased from £456,998 to £589,348 while legacies jumped from £77,507 to £275,792.
Shops income was £168,148 while shop expenses were £130,633. Fundraising expenses increased from £199,926 in 2008 to £292,473 in 2009.
Despite the drop in income Simon showed a surplus in 2009 of £322,432, up from £305,978. Net assets also increased to £3.1 million.
www.simoncommunity.org
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.