Irish cancer charity income shows small increase
Howard Lake | 7 August 2015 | News
The Irish Cancer Society has reported a small increase in income for 2014, according to its latest annual accounts.
The Society’s income in 2014 was €20.6 million, €400,000 higher than 2013. In 2014, 92 percent of the Society’s income was raised through fundraising, with the balance coming from earned and investment income and government funding for service provision. Income in 2012 was €21.5 million.
The organisation’s most high profile fundraising event, Daffodil Days, increased its income from €2.7 million to €3.4 million in 2014 and accounted for most of the increase in income. Shops and Christmas cards sales were largely flat at €4 million, although reduced operating costs boosted the surplus to €1.2 million.
Other fundraising activities for such as events, corporate initiatives, and direct marketing were down from €12.3 million to €11.9 million. The Society’s lottery saw its ticket sales more than half but reduced costs produced a small surplus similar to the previous year.
The Irish Cancer Society said that its community fundraising was down by €500,000 and its legacy income down by €200,000 compared to 2013.
The cost of running the Society’s fundraising campaigns grew from €3.1 million to €3.5 million. Overall fundraising costs were €5.1 million, up from €4.9 million in 2013. In 2014 the Society had 24 fundraising staff and 45 staff in its shops.
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.