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Breast Cancer Care falls short of fundraising targets

08 Oct 2012 News

Breast Cancer Care's annual accounts reveal that while its total income is up and expenditure is down, it has still fallen short of ‘a number’ of fundraising targets.

Breast Cancer Care's annual accounts reveal that while its total income is up and expenditure is down, it has still fallen short of ‘a number’ of fundraising targets.

Total income for the year was £12.7m (2010/11 £12.2m), up 4 per cent on the previous year. Expenditure was £13.7m, down £159,000 from 2010/11, which gave the organisation an operating deficit of £1m.

Overall voluntary income increased by £174,000 to around £8.4m, which includes an increase of donations by individuals by nearly 10 per cent (£357,000) to just below £4.1m.

Income from non-fundraising sources was less compared to last year, falling by £28,000 and other income was down £62,000 to £336,000.

“It speaks volumes for the support that we receive that we managed not only to maintain income but grow it,” the charity states in its annual report. “However, we are not immune from the impact of the ongoing economic downturn, and we did not meet our fundraising targets in a number of areas."

Breast Cancer Care would not advise, however, what fundraising targets had been set.

In its accounts, the charity advised it has dipped into its reserves "to invest in key areas and also to help fund the continuity of our service provision, which is at the heart of what we do, as we re-establish income levels".

“We have set a surplus budget for 2012/13 which will provide some protection to our reserves should our fundraising streams be adversely affected by economic events," the charity advised.

 

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