Voluntary income down at Concern UK
Howard Lake | 29 January 2016 | News
Concern Worldwide in the UK saw its overall income increase in 2014 but its voluntary income fell by nearly 9%, according to the development charity’s latest accounts.
Total income was £23.5 million, against £17.8 million in 2013. The increase was due to a big jump in income from £6.7 million to £13.7 million in 2014 from the UK Department for International Development. Voluntary income, however, fell from £10.7 million in 2013 to £9.7 million in 2014.
Concern Worldwide’s main voluntary income source, committed giving, held up well in 2014 at £3.7 million, largely the same as in 2013. Public appeals and events, was slightly down at £2.4 million, from £2.5 million the previous year while trusts, corporates and major donors increased from £1.3 million to £1.7 million.
Legacy income for 2014 was down nearly a third at £600,000 but the big drop in income came from the Disaster Emergency Committee (DEC) which was just under £1 million, from £1.9 million in 2013. DEC is a joint appeal on behalf of a number of charities, usually in response to a major disaster in the world.
Fundraising costs in 2014 were £3.3 million, from £3 million the previous year. The biggest fundraising cost was for public appeals and events at £1.6 million while committed giving cost £1.3 million, up from a £1 million in 2013. Trusts, corporates and major donors appears to be Concern’s most efficient fundraising scheme at a cost of £400,000.
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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.