Page 39 - CHI-1055 jaarverslag-2021
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 Ratios of expenditure:
Amounts in Euros
Expenditure to projects / Total income
Expenditure to projects / Total expenses
Costs fundraising / income fundraising
Costs management and administration / Total expenses
Actual 2021
Budget 2021
Actual 2020
 106%
86%
15%
3%
 95%
80%
19%
4%
  58%
81%
12%
2%
 The ratio expenditure to projects in relation to total income is 106%. This indicates which part of income is spent on projects.
The ratio expenditure to projects in relation to total expenses is 86%. This indicates which part of total expenses is spent on projects.
In 2021 the ratio costs for fundraising is 15%. This ratio indicates the relation between costs of fundraising and total income of fundraising.
The ratio management and administration is 3%. This ratio indicates which part of total expenses was spent on management and administration costs.
Expectations for the year 2022
The total forecasted income for 2022 is € 678.974. Income is planned from multiple funding streams including direct mail, foundations, businesses and special events. Funds to programs in 2022 are budgeted at € 531.381 of which € 413.917 will be spent on Development Aid.
ChildsLife focuses on achieving the funds to implement projects, to maintain a balanced budget and increase the continuity reserve. ChildsLife will continue to carefully invest in fundraising activities that will lead to increased income whilst keeping costs to a minimum.
ChildsLife | Financial Report 2021
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