The conservation charity WWF-UK, who have office space at CAN Mezzanine, Loman Street, reported that last year its income had reached a record high of £71m. These figures show an increase of almost £8m when comparing to the previous financial year and include £1.9m in gifts in kind.
This is a staggering increase from 2011/12, when the charity announced its previous income high of £66.2m. The charity’s accounts also show a small increase in expenditure, with £49.3m being spent on charitable activities.
Legacy payments also increased by £7m when compared to the previous financial year, this is mostly attributed to the charity receiving the second part of its largest-ever legacy. The legacy was worth £4.8m in 2015/16, with the first tranche in 2013/14 being worth £5m. The charity has confirmed that a small final tranche is expected soon, that will bring the total legacy to £10m.
In addition to breaking their income record, the accounts also show that WWF-UK’s reserves increased by £9.7m to £58.4m. Moreover, it had a huge spike of approximately 100,000 visits to the website, with over 4.1 million people using the site in 2016.
"We are pleased that despite recent and continuing challenges in the fundraising environment, our total income (excluding gifts in kind) for the year was £69.2m.
"It represents a 13 per cent increase on the previous year. This record figure was thanks in no small part to the lifeblood of the organisation: the fantastic numbers of generous supporters and the incredible work of our dedicated staff. We are spending the money on additional and invaluable conservation work."
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