Action Cancer’s income up 12 per cent
Howard Lake | 5 March 2013 | News
Northern Ireland cancer charity Action Cancer achieved a 12% increase in income between 2011 and 2012, according to its latest annual accounts.
Total income for Action Cancer, which provides a range of early detection, counselling and prevention services, was £3.75 million in 2012, up from £3.3 million in 2011. Charitable income, mostly derived from fundraising was up, and earned upcome from services also increased.
The bulk of the increase was down to an exceptionally large increase in legacies which went from £91,000 to £517,000 between 2011 and 2012. The increase in legacies made up for falls in other areas such as voluntary income which fell from £1.4 million to £1.1 million.
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Donations also fell in the period, from £835,000 to £732,000 as did fundraising income (events etc) which was £1.15 million in 2011 and £1.14 in 2012.
Trading income from the charities 13 shops, however, did increase to £990,000 from £908,000. Earned income grew from £131,000 to £224,000. Action Cancer’s fundraising costs grew from £988,000 to £1.1 million.
The charity’s accounts show that it is in a strong financial position with free reserves of £1.8 million.
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.