Oxfam’s total income rose by more than £21m to £389m in the year to March 2014, according to its annual report and accounts published today.

The charity saw a £7m increase in its voluntary income to £118m, and a £10m increase in its income from government and other public sources, to £172m. Income from its trading arm rose £700,000 to just over £88m.

The overall increase of 6 per cent reversed a fall of 4.6 per cent in the previous year. Oxfam said the difference was largely due to generous responses to appeals around Syria and Typhoon Haiyan in the Philippines. The previous year saw income fall largely because income from one-off appeals was down.

Oxfam revealed the exact salary of its chief executive, Mark Goldring, as £121,294.

It said it had 60 employees earning more than £60,000, compared to 43 in the previous year, however it said this was due to a number of exceptional circumstances, largely around the way it accounted for pensions.

Bob Humphreys, finance director of Oxfam, said: “The generosity of our donors, both individual members of the public and institutions, means we are far better placed than this time last year to meet future challenges in our emergency, development and campaigning work.

“We hope they will continue to support us as we respond to looming famine in South Sudan, the crisis in Gaza and other humanitarian emergencies around the globe.”