Expenditures on War Child’s objective (project activities, communication and awareness raising, preparation and coordination) totalled € 20.4 million in 2013, which is € 1.9 million above budget and € 3.7 million more than in 2012. This can mainly be attributed to our activities in Lebanon for Syrian refugees. The notes to the statement of income and expenditures contain a more detailed analysis of expenditures on the objective.
Costs of generating funds rose by € 0.5 million in comparison to 2012, and exceeded the budget by € 0.1 million. Within this category, costs related to War Child’s own fundraising activities increased by € 0.4 million, although income generated by these activities fell by € 0.7 million. This development can be partly explained by the economic crisis, which made it more difficult to raise funds from individuals and businesses.
Management and administration
Expenditures on management and administration decreased by € 0.1 million and were on target. War Child acknowledges that a charity cannot ensure and manage efficient and effective implementation of its projects without adequate budget allocated to management and administration. Nevertheless, War Child will continue to critically assess this expenditure as part of its low-cost policy.
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