Emergency appeals boost Trocaire income
Howard Lake | 25 February 2015 | News
As development organisation Trocaire launches its key Lenten fundraising campaign, the latest annual report for the charity shows that its voluntary income increased to nearly €30 million in 2014.
The increase in income included nearly €8 million of restricted income for a number of emergency campaigns but when that figure is excluded unrestricted fundraising income fell from €25 million in 2013 to €22 million in 2014.
General donations and bequests fell from €14.7 million to €13.8 million last year while the Lenten Campaign income was also down from €8.7 million to €7.4 million. Trocaire’s main Christmas fundraising campaign, Trocaire Gifts, was €1.3 million last year against €1.7 million in 2013.
Trocaire’s income over the last four years fluctuated between €67 million and €60 million depending on the number and scale of emergency appeals in Syria, Philippines and East Africa.
The charity put the fall in unrestricted income last year down to ‘the difficult economic climate in Ireland.’
Overall income increased from €60 million to €61 million last year, with the non-fundraising income coming from a number of government grants. As in previous periods, the Irish Government is Trócaire’s single largest donor, contributing 30% of the total organisational income.
Fundraising and publicity expenses increased in 2014 to €5.2 million from €4.9 million in 2013.
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.