- - -
aaron-burden-xG8IQMqMITM-unsplash_2.jpg

Financial Statements 2018

IPPF's 2018 financial statement.

Income for the year for the group increased by US$9.5 million (9%)to US$111.9 million due to a large increase in restricted income from US$30.3 million to US$54.1 million netted off against a decrease in unrestricted income of US$14.3 million. 

Total group expenditure increased by US$21.6 million to US$114.6 million which led to a group net operating deficit (combined for unrestricted and restricted funds) for the year of US$2.6 million.

Total unrestricted expenditure of US$74.8 million includes grants to member associations and partners (US$42.0 million), group secretariat expenditure (US$28.9 million), and fundraising costs(US$3.3 million). The net operating unrestricted deficit for the year was US$17.0 million (2017 surplus: US$8.8 million).

Total restricted expenditure of US$39.8 million includes grants to member associations and partners (US$25.2 million), group secretariat expenditure (US$14.0 million), and fundraising costs (US$0.5 million). There was a restricted surplus of US$14.4 million.

when