Irish heart charity maintains income levels
Howard Lake | 10 February 2011 | News
Despite a fall in income in a number of key fundraising areas, the Irish Heart Foundation (IHF) managed to maintain overall income figures, the charity’s annual report for 2009 shows.
IHF’s total income for 2009 was €5.85 million down from €5.9 million in 2008. The organisation’s key event, Happy Heart Weekend, saw income fall from €553,000 in 20008 to €533,000 in 2009, with the event’s expensees increasing from €276,000 to €361,000.
The charity’s walks income increased from €142,000 to €166,000 but expenses also increased significantly. One of IHF’s longest running events, the Skipathon, saw income drop significantly to €128,000 from €275,000.
Bequest income was €1.25 million, down from €2.1 million in 2008, although that year’s figure was exceptional for the charity.
The largest income figure in the accounts for 2009 is described as “other income” and at €2.6 milllion represented nearly 45% of total income. The comparable figure for 2008 was €1.6 million. As the charity states that 90% of its income comes from public and corporate donations it is likely that this is fundraising.
IHF has a partnership with Lidl which last year raised €100,000 based on 10% of the sales oof fruit and vegetables over €10.
www.irishheart.ie
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.