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Home    < HBCCA Committee 

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:

INCOME

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

62%  Salaries

5%    Maintenance

16%  Electricity

12%  Office: Internet, Photo copier, Banking Fees, etc.

1%   Security

4%   Accounting

 

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'!

Hennie Jacobs

Treasurer

 

 

Helping Hands Partners - What Is In It for You...

Tim Keller: Blessed Are The Poor

 

 

 

 

 

 

 

 

 

 

 

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