Christian Aid income remained flat last year, annual report reveals

International development charity's income was £95.5m in the year to March 2012, with a fall in donations but a large rise in grant income

Christian Aid
Christian Aid

The income of international development charity Christian Aid remained almost flat in the year to March 2012, according to its annual report and accounts, published last month.

The charity had an income of £95.5m for the year, compared with £95m in the previous year. There was a fall in donated income, down 7 per cent to £57.7m from £62.2m, and a large rise in grant income, up 15 per cent from £27m to £31.1m.

Total funds on the balance sheet fell by about £1m to £27.8m and the operational reserves fell by 18 per cent, to £16.5m from £20m. The charity said in its report that it expected reserves to fall further in 2012/13.

The charity said that fundraising events such as its Christian Aid Week had been hit particularly hard. Income during this week fell from £13.4m in 2010 to £12m in 2011.

However, it said that income during the year "was in line with the board-approved plan and continues to exceed expenditure".

Last month, the charity announced that Dr Rowan Williams, the former Archbishop of Canterbury, would become chair of trustees in March.

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