* About Us
FROM THE TREASURER'S DESK
5 November 2018
INCOME & EXPENDITURE
One of the most frequent questions we get is 'Where does the money come from that keeps the doors of Iziko Lobomi open and what are your monthly running expenses?'
The following is a summary of where our funds came from and where it went in our past financial year 2017 - 2018:
40% Private individuals - local
3% Private individuals - abroad
3% Local businesses
24% Office - hall bookings, rentals, etc.
10% Local churches
20% Qunu Cafe
EXPENDITURE - average monthly R 44,000
12% Office: Internet, Photo copier, Banking Fees, etc.
As can be seen from the percentages above, dedicated private individuals are vital in making the work possible that is done by the HBCCA. Almost 50% of the income needed for the daily running of Iziko Lobomi comes from normal, hardworking people.
In the months and years to come we would like to increase this percentage even more because it is perfectly in line with the work that we do - PEOPLE SERVING PEOPLE
Hope this is helpful and thank you to everyone for your 'Helping Hands'!
Helping Hands Partners - What Is In It for You...
Tim Keller: Blessed Are The Poor
HOUT BAY CHRISTIAN COMMUNITY ASSOCIATION
Hout Bay, Cape Town