Financials
We are incredibly grateful to individual supporters, trusts and institutions both in the UK and Germany who have generously donated during the year.
Our total income for 2019–20 was £2,240,742. This was an increase of £177,389 on the previous year, and significantly, on our 40th anniversary, marks the highest annual income that Karuna has recorded.
Individual supporters contributed £1,612,729 from the UK and £32,336 from Germany. Representing 73.4% of total income, donations from individual supporters remains Karuna’s largest source of income. Over the past year we have been humbled by the generosity of individuals as well as their ingenuity, enthusiasm and perseverance in generating donations through fundraising events and challenges.
Funding partnerships with trusts and institutions allows us to inject investment into specific community projects or to expand projects to larger geographical areas. These partnerships are often innovative and challenging, encouraging learning and focusing on impact.
We are very grateful for the time, energy and funding that these vital partners contribute. Income from grant-giving trusts and institutions totalled £571,163 (UK: £257,946, Germany: £313,217).
59,330 people supported this year
We invested £446,896 in generating income through fundraising. This represents 19.9% of total income.
During the year we were able to commit £1,424,148 to project delivery, enabling us to support 38 partner organisations to deliver 48 projects, directly benefitting 59,330 people.
THE YEAR 2020 IN FIGURES
It is essential that Karuna can communicate with our supporters in order to ensure that the work we do is as effective as possible.
Unlike other charities, we won’t bombard you. We will write to you twice a year with important updates on how your donation is making a difference and may call or email you from time to time to let you know about new events at Karuna. That’s it.
You can change your preferences at any time by getting in touch.