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WaterAid 'bucks the trend' and increases income to over £90m

30 Oct 2019 News

WaterAid’s income has risen by 10 per cent to £91m in 2019 from £83m due mainly to a £5m increase in grant funding, according to its annual report.

Grant funding in 2019 came to £28m, with its two largest funders HSBC Holdings and the Swedish International Development Cooperation Agency increasing funding by £1.5m and £2.5m this year.

Grant funding from the European Commission also grew to £1.1m this year from £200,000 in 2018.

Meanwhile UK Aid from DfID via match funding and indirect consortium funding fell by almost £1m, from £4.7m in 2018 to £3.8m this year.

WaterAid’s annual report says the charity "bucked the trend" and grew income from the public by over 2 per cent to total £53m, with 37,800 new regular givers.

10 cases reported on safeguarding 

WaterAid’s annual report says 10 safeguarding cases were reported to its global safeguarding manager from across its federation over the last year. 

One case was reported to the Charity Commission after it met its criteria.

An investigation on internal sexual harassment at WaterAid concluded with the dismissal of two members of staff.

One safeguarding case is still under investigation.

The report adds there were no reported cases of sexual misconduct involving children, vulnerable adults, beneficiaries or partners, or that have been in a humanitarian context.

12 per cent gender pay gap

The mean average gender pay gap in the UK at WaterAid was 12 per cent and the report says it has equal numbers of men and women in the most senior 25 per cent of jobs. 

The report says the pay gap is due to a greater proportion of men employed in senior roles and fewer in junior roles, while women are employed evenly and there are more women overall.

WaterAid's pay gap is above the charity sector's average of 8 per cent, and also higher than the average at the 50 largest charities, which a Civil Society News analysis found was 11 per cent.

Increased reserves to ‘absorb shocks’ from economic downturn

The charity reports growing its operational reserves by £1.5m this year to £15.7m, which it says puts it in “a robust position to absorb shocks from potential future economic downturns”.

The total is within its target range of £12m to £16m set last year.

The annual report also says WaterAid put aside £2.5m to address any challenges from the expiry of its London office lease in 2020.

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