EducAid is funded through voluntary contributions from a range of individuals, scools, churches and private foundations. More recently, small funds have been made available by the UK Governement's Department for International Development in Sierra Leone.
The accounts prepared in the UK reflect revenues and expenditures by EducAid from the UK. Click here for the most recently published annual report.
EducAid's financial year runs to 31st August. The table below provides a summary of EducAid's finances over the past 5 years.
5 Year Summary: Key Indicators |
||||||
Currency - £ Sterling) |
2003 |
2004 |
2005 |
2006 |
2007 |
|
Revenue |
49,401 |
88,219* |
74,818* |
106,898 |
155,180 |
|
Surplus/ (deficit) |
13,813 |
26,361 |
(17,104) |
34,117 |
38,977 |
|
Net Assets |
19,565 |
45,926 |
28,822 |
62,972 |
101,948 |
|
*Including £35,049 of exceptional restricted contract revenue