Concern UK’s income up 25%
Howard Lake | 29 October 2018 | News
Concern UK’s fundraising income bounced back from a fall in 2016 to record a nearly 25% increase last year, according to the charity’s latest accounts.
Fundraising income in 2017 was £9.8 million, up from £7.4 million in 2016. Total income last year, which includes support from government and other agencies, was £34.4 million which is an increase of 30%.
The largest voluntary income source for Concern UK is individual giving which last year grew from £4.6 million to £4.9 million. The accounts say that donations from major donors increased substantially, in part due to the successful launch of Concern’s Philanthropic Circle initiative.
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Corporate, major donor and trust income was £2.3 million in 2017 (£1.8 million in 2016). Concern says its focus on building long-term partnerships with charitable trusts and foundations continues to deliver income growth, including strong support for our East Africa Crisis and Rohingya Refugee Crisis emergency appeals.
In 2017, Concern received £1.4 million from the Disaster Emergency Committee (DEC) in response to major emergencies – the East Africa crisis, ongoing earthquake response in Nepal, and the Rohingya crisis in Bangladesh. In 2016, DEC income was £0.3 million due to no major emergency response during the prior year.
Legacy income was £703,000, from £440,000 in 2016 while community fundraising income was £420,000.
Unusually, Concern UK publishes not only its overall fundraising expenditure figure but fundraising costs for each area of activity. Individual giving costs were nearly £2 million, corporate giving £430,000, community fundraising £158,000, and legacy giving £14,000. Total fundraising expenditure was £2.6 million last year, marginally up on the year before.
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.