Cancer Research UK increased its income by £31m last year, the latest accounts show

In the year to March 2015, the charity's income went up to £621m, with voluntary income up by £30.6m to £431m

CRUK's annual report
CRUK's annual report

Cancer Research UK’s income increased by £31m last year to £621m, according to the charity’s latest annual report.

The report shows the charity’s voluntary income went up by £30.6m to £431m in the year to the end of March.

Legacy giving increased by £5.9m to £169m, although direct giving fell by £1.4m to £122m compared with the previous year.

The accounts say trading income was £91m, made up of £75m generated by CRUK’s 579 shops after an investment of £59m and £16m from the trading aspect of events, including merchandise sales and registration fees.

The events themselves raised £63m, a rise of £8.5m on last year, compared with a fall in of £4.2m in the previous year.

The report says that more than 550,000 people took part in its Race for Life events, raising £42m in sponsorship, and 53,000 people raised £5m in total by giving up alcohol for the charity’s Dryathlon in January. The charity’s Stand Up to Cancer TV show raised £9m.

CRUK’s new obstacle-course event, called Pretty Muddy, outperformed initial expectations, the report says, but it does not give figures for how much was raised.

The charity spent £644m over the past year, up from £540.1m the previous year.

Of CRUK’s expenditure, £393m (61 per cent) went towards the charity’s core focus of cancer research, and £30m was spent on raising awareness of cancer. Another £41m was used as a capital contribution to the development of its new research facility, the Francis Crick Institute.

The charity spent £104m on generating income, including increased expenditure on advertising and marketing.

The amount paid to the charity’s highest-paid employee, who is not named in the accounts, was up to between £240,000 and £250,000, compared with between £230,000 and £240,000 in the previous year.

A total of 219 employees were paid salaries of £60,000 or more, up from 195 in the previous year.

The charity employed an average of 3,964 people over the course of the year, up from 3,798 in 2013/14.

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus