Finance News: The Numbers - Breakthrough Breast Cancer

Patrick McCurry

Breakthrough Breast Cancer fights the disease through research and education. Its campaigning and policy work aims to raise awareness of the disease and to improve treatments and services.

Total income - £12m, up from £10m in 2002/03.

*Highest salary - Delyth Morgan, chief executive at the time of the latest report, was paid £70,000-£80,000.

Reserves policy - The charity aims to hold general reserves equivalent to between four and six months' of non-grant spending forecast for the year ahead. At the end of the financial year the charity had £3m in general funds, equivalent to four and a half months of non-grant spending.

Fundraising costs - The charity spent £2.5m on fundraising and generated income of £10.7m, excluding trading and investments. This equates to 23p for every £1 raised. This was slightly lower than the previous year, but is not expected to reduce for some time because the charity is making new investments in fundraising.

Pension - The charity operates a group personal pension scheme and contributes a maximum of 5 per cent of gross salary.

How performance is communicated - The annual report is readable and gives an overview of the charity's work. There is more detail about research and campaigns on the website (www. breakthrough.org.uk/default.asp). The report mentions a new strategic framework but does not give much detail.

The charity says it is relaunching its website and this will include more information on the future direction of the organisation.

The charity says - We depend largely on the public, national campaigns and the corporate sector to fund our work. Our strategy of investing in fundraising has resulted in a doubling of our income over the past three years.

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