Focus Ireland increases income by 17%
Homelessness charity Focus Ireland increased its fundraising income by 17% last year, according its latest accounts.
Total fundraising income in 2014 was €6.4 million, against €5.4 million in 2013. Total income, which includes grants from government, was €19.6 million, up from €18.3 million in 2013.
Focus Ireland operates throughout the country and raises its funds from a mixture of corporate partnerships, events and donor sources. In 2013 it reported that it had nearly 18,000 regular donors. Its main fundraising events are the Four Peaks challenge and the ‘Shine a Light’ Christmas fundraising campaign. The charity has also established a ‘Women’s Philanthropy Circle.’
Focus has a number of corporate partnerships, including long running relationships with insurance company Aviva, Marks and Spencer and Supervalu.
In 2014 Focus spent €1.9 million on fundraising, up from €1.5 million in 2013. The charity says that it has a principle that fundraising costs should not exceed a 20% ratio but in 2014 the figure was 30%, up from 27% in 2013.
Focus had €3.3 million in cash in 2014, down from €5 million the previous year due to increased expenditure on housing developments and fundraising.