Islamic Relief Worldwide increased its income by almost £5m last year thanks to a 14.2 per cent rise in voluntary donations, its latest accounts show.
The charity’s accounts for the year to 31 December 2016, which were published on the Companies House website earlier this month, show that total income was up by 4.5 per cent to £110.4m, with voluntary donations accounting for £86.7m of that income.
Donations from Islamic Relief’s partner organisations helped to drive the increase in voluntary donations, the accounts say, and at £60.4m were 17.3 per cent more than in the previous year.
The charity’s expenditure was at £112.1m, compared with £112.5m the previous year. This means that although the charity experienced a loss of £1.7m in 2016, this was a substantial decrease on the previous year, when the charity made a loss of £6.9m, according to the accounts.
Institutional income fell by 23.7 per cent to £19.3m, due to grants from the Middle East halving from £16.9m in 2015 to £9.3m this year, the accounts say.
The accounts also show that the charity’s trading business, TIC International, generated a net profit of £433,000, a 28.4 per cent decrease on 2015.
The highest earner at the charity was paid between £70,000 and £80,000, according to the accounts.
In her preface to the accounts, Lamia El Amri, chair of Islamic Relief Worldwide, praised the "strong foundations demonstrated in this annual report" and said the charity was implementing a new five-year strategy and new governance arrangements to support its growth.