# Irish cancer charity income falls

- Link: https://fundraising.co.uk/2014/08/01/irish-cancer-charity-income-falls/
- Published: 2014-08-01T07:34:02+01:00
- Author: Howard Lake

Ireland’s largest fundraising charity, the Irish Cancer Society (ICS), saw its income
decline by 6% in the last year, according to its latest annual accounts.

Total income was £20,225,000 in 2013, down from £21,524,000 in 2012. The charity
generates 95% of its income from fundraising, with events, corporate fundraising,
direct marketing and donations the main income sources.

In 2013 ‘activities for generating funds’ raised £16.1 million, down from £17.3 
million the previous year. The charity’s most high profile event in this category,
Daffodil Day, raised £2.7 million, down from £3.2 million in 2012.

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Voluntary donations and bequests were also down at £2.6 million, from £3 million
the year before.

The [Irish Cancer Society](http://www.cancer.ie) has a significant shop network 
in Ireland which in 2013 generated £4 million (£3.9 million in 2012). After expenses
of nearly £3 million the net income remained roughly the same year on year.

The charity also runs a lottery scheme which benefits from a declining subsidy from
the government which amounted to £125,000 in 2013. In 2013 lottery sales amounted
to £251,000, from £319,000 in 2012. After prize money and running costs, the net
income for the lottery was £13,000.

Fundraising expenses last year amounted to £4.8 million, an increase on the previous
year of £400,000.

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