In 2015-16, thanks to you, we spent £2,314,193 on our work and your generosity helped us raise £1,967,760. The gap between total expenditure and total income is a result of timing differences between when income is received and when it is spent. Grants from institutional funders received late in the previous financial year were carried forward and spent early in the following year.
This is how we raise funds and where your money goes:
This is our reach across the world: our work in numbers in the last financial year.
We are cost effective
For every £1 we receive, 88p goes directly towards our charitable expenditure, working to eliminate all forms of slavery throughout the world by investigating and exposing current cases of slavery, campaigning for its eradication, supporting the initiatives of local organisations to secure the freedom of those in slavery or vulnerable to it, and pressing for more effective implementation of national and international laws against slavery.
Like most organisations, some of our funds are allocated to running costs. So, for every £1 we receive, 2p pays for management and administration, and 10p for fundraising. This investment is crucial. It helps us make our income as diverse as possible and give us the independence and flexibility to fund our most-needed projects.
How we’re funded
Around a third of our income comes from generous individuals and loyal members, community groups and companies. The rest of our funding comes from UK and international government grants, grant-giving trusts and foundations, institutional funders such as Comic Relief and the Big Lottery Fund.
Download a copy of our most recent Trustees’ Report and Financial Statements.
Have a question about our finances? Please get in touch on 020 7501 8920, we’d be happy to talk to you.