$0.94 of every $1 raised goes to programmes in ’19-’20
11 Jun 2019
As a general rule, we here at the Hand in Hand blog try to keep the accounting to an absolute minimum. On this occasion, however, we find ourselves powerless to resist.
That’s because after two sizable donations this month towards our core costs – that is, the money we spend on staff and operations here in London – we’re proud to announce that for the rest of the 2019-2020 financial year, $0.94 of every $1 we raise will go directly to programmes.
That’s an all-time record for Hand in Hand International, and well above the sector average of slightly above 70 percent for other charities our size, according to Channel 4’s FactCheck website.
That’s all our accounting news for now. Stay tuned for next month, when we bring you live audio as we update spreadsheets for seven straight hours.