The Numbers: Deafness Research UK

Deafness Research UK is a national charity dedicated to helping deaf and hard of hearing people through medical research and education.

Total income: £2.1m for the year ending 31 July 2007, compared with £1.2m for the year before.

Highest salary: No employee earned more than £60,000.

Reserves policy: The charity holds a specific reserve to cover six months' salaries for staff not funded by restricted funds. At year-end, this reserve stood at £225,000. The balance in unrestricted funds is set aside for ongoing commitments, partially funded research projects and urgent requests for research funding.

Fundraising costs: The charity spent £236,000 on generating voluntary income, which totalled £2m. This gives it a fundraising ratio of 12p in the pound. The previous year's ratio was 17p in the pound.

Pension: The charity provides a stakeholder pension but does not make contributions.

How performance is communicated: The charity's website contains its annual review, which includes data about the use of its information service and the kind of research the charity is funding. But there is not much on how the charity has performed against specific objectives from the previous year. The trustees' report and accounts, which are also available on the website, go into more detail about specific achievements and include a description of the charity's future strategy.

The charity says: "During the year, we exceeded our income target, due in large part to a single, large legacy of almost £250,000. Despite this, we remain concerned about a decline in the number of legacies received and several appeals were made to supporters during the year to emphasise the importance of this source of income. Our major donor programme exceeded its target, despite difficulties in recruiting a major donor fundraiser."

Topics:
Finance

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