Goal voluntary income shows big increase in 2014
Howard Lake | 20 October 2016 | News
Irish development charity Goal, which is embroiled in controversy over its financial support from the US and Irish governments, saw its voluntary income increase in 2014 by 23% to €5.4 million, according to its latest accounts.
Goal’s total income stood at €127 million in 2014, with significant support from governments and the EU. Income has nearly doubled in a few years as the charity has expanded its services throughout the world and, in particular, in Syria.
Bequest and trust income was also boosted significantly in 2014, rising to €1.6 million. The fundraising highlights for the charity were over €600,000 raised through direct marketing, community events and a strong corporate appeal to Ireland’s Top 50 companies in response to the Ebola outbreak in Africa.
The charity’s traditional events, GOAL Mile and GOAL Jersey Day raised €182,000 and €178,000 respectively. GOAL USA Gala Ball also raised $100,000 (€87,000) but the charity recently announced that the US office is closing. Goal’s chief executive in Ireland has also stepped down.
Goal’s fundraising income has declined in real terms and as a percentage of overall income over the years. In 2010 voluntary income was €13,073,875 when total income was around €75 million.
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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.