Today four main sources of income for Initiatives of Change in the UK are (2004 figures):
- Donations from individuals (22%)
- Legacy gifts (49%)
- Donations from grant making trusts (6%)
- Income from investments (19%)
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100% of the money donated by supporters can be used to support a variety of projects, since investment income covers the management and administrative costs of the work.
2004 IofC UK expenditure
Programme/campaign (UK) - £323,000
Programme/campaign (Overseas) - £530,000
Management and administration - £89,000
Grants to other charities - £10,000
Other costs - £66,000
TOTAL: £1,018,000
2004 IofC UK income
Gifts and donations - £326,000
Legacies - £585,000
Investment income & interest - £228,000
Other income - £45,000
TOTAL: £1,184,000
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