Finance
The accounts of both the NGO and UK Charity are audited annually. The NGO accounts can be provided on request. The UK Charity accounts and annual return can be viewed on the Charity Commission website, the latest being the 2008 accounts.
The Home relies entirely on regular sponsorship and donations from individual sponsors, churches and other organisations. Our support is primarily in the UK but we also have support from Canada, through Hope & Life International, and also Germany.
The Covenant Home (NGO) accounts for 2008 show income of 186,000 GBP and expenditure of a similar level as indicated below.
Income came from:-
Main areas of expenditures were :-
These figures show a 30% increase on both income & expenditure over 2007. This reflects both the generosity of our sponsors which has allowed us to keep pace with the high inflation of basic costs within the Kenyan economy over the last year or so.