Irish Guide Dogs income down a third
Howard Lake | 5 July 2011 | News
The Irish Guide Dogs for the Blind (IGDFTB) saw its income drop by a third last year, according to a report in the Irish Times.
Donations were down by €1 million while overall income dropped by €2 million from €6.2 million to €4.2 million.
Roy Keane, formerly of Manchester United and the Republic of Ireland, is the charity’s most prominent supporter and regularly attends charity events in Ireland.
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As a result of the drop in income, five employees were made redundant last year and the charity has also put in place wage cuts, with staff earning in excess of €30,000 required to take a five per cent drop in gross pay and all staff taking a three per cent cut in their employer pension contributions.
Despite the drop in income, cuts in expenditure led to an organisational surplus of €200,000.
The chief executive of IGDFTB, Padraig Mallon, said voluntary income to date this year had been on a par with 2010 with no further drop.
IGDFTB runs a wide range of charity events to raise money and also receives statutory funding which has grown over the last year.
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.