Irish Hospice income falls
Howard Lake | 16 January 2015 | News
The Irish Hospice Foundation saw its income drop by nearly 11 percent between 2012 and 2013, according to its latest accounts.
Total income for the Hospice in 2013 was €4.8 million, down from €5.3 million in 2012. Income in 2012 was boosted by a very large legacy of €1.5 million but the legacy figure for 2013 was €421,000.
As well as a drop in legacy income, the Hospice’s donations fell from €2.3 million to €2.2 million, although ‘other fundraising income,’ which includes fundraising events, increased from €1.1 million to €1.3 million.
In 2013 the Hospice ran a door-to-door campaign which it describes as successful but said its mail campaigns and annual raffle income fell. The charity put the drop in income down to the bad publicity surrounding charities in general.
Atlantic Philanthropies continued to support the Hospice and the organisation also received support from a number of major companies, including Arthur Cox, Merrill Lynch, Novartis and the Ulster Bank.
As well as raising money for its own operations the Irish Hospice Foundation coordinates Ireland ‘Biggest Coffee Morning’ and Sunflower Days which raise in excess of €2 million annually.
Fundraising costs increased in 2013, from €1.2 million to €1.4 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.