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Irish heart charity maintains income levels

Irish heart charity maintains income levels

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

Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world's first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp.

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