Rating reports

Key data
| Income | £2m |
| Programme ratio | 89% |
| Admin. expenses ratio | 7% |
| Fundraising efficiency | 4p |
Output
>6,000 people with secure housing/land;
~90,000 with improved sanitation and water
Reports
- Afghan Connection
- Africa Educational Trust
- Africa Now
- African Initiatives
- AfriKids
- Andrew Lees Trust
- BasicNeeds
- Blue Dragon
- Book Aid International
- Build Africa
- Cambodia Trust
- Excellent Development
- Health Unlimited
- Homeless International
- IMPACT Foundation
- International Childcare Trust
- MicroLoan Foundation
- Motivation Charitable Trust
- MSAVLC
- MyC4
- Nepal Leprosy Trust
- Pestalozzi Overseas Childrens Trust
- Prospect Burma
- Pump Aid
- Refugees United
- Riders For Health
- ShelterBoxTrust
- SolarAid
- Survivors Fund
- Target Tubercolosis
- Tools for Self-Reliance
- Tree Aid
- VETAID
- Vision Aid Overseas
- Women and Children First
Chief Executive Larry English ran an architecture and urban planning practice in South Africa. At the same time, he was establishing Habitat for Humanity (H for H) in South Africa as a volunteer. Invited to join the board of H for H International, he was then recruited to establish H for H’s urban programme in Africa and the Middle East, before joining HI in 2007. Other key staff have been with HI for many years and have extensive experience in the sector. The charity’s Council of Management includes several professionals with past housing finance and urban renewal backgrounds as well as a development planner, a business development and finance specialist, and housing-related academics.
| Key Financials |
|
||||
| Year end 31 March (£000s) | 2005 | 2006 | 2007 | 2008 | 2009E |
| Income | |||||
| Project restricted income | 1,952 | 1,418 | 1,290 | 1,712 | 2,290 |
| Unrestricted income | 300 | 353 | 556 | 234 | 160 |
| Investment income | 62 | 86 | 88 | 118 | 100 |
| Total income | 2,314 | 1,856 | 1,923 | 2,064 | 2,550 |
| Expenses | |||||
| Project expenses | 1,052 | 2,633 | 1,857 | 1,783 | 2,350 |
| Costs of generating funds | 39 | 54 | 89 | 79 | 85 |
| Administration expenses | 187 | 79 | 134 | 148 | 200 |
| Total expenses | 1,279 | 2,765 | 2,080 | 2,011 | 2,635 |
| Balance of project restricted funds | 3,192 | 2,300 | 2,139 | 1,207 | 900 |
| Reserves |
370 | 368 | 505 | 622 | 300 |
| Number of employees |
11 | 11 | 12 | 12 | 12 |
Delayed receipts of grants around 2005/6 resulted in variations in income growth and reserves coverage in the period rather than this being caused by a significant financial issue. Deficits have occurred three times in the past five years, but the financial position is sound, with good reserves coverage at year end 2008. Financial efficiency has been maintained. A lower proportion of unrestricted income forecast for 2009 reflects fundraising staff changes during the year which interrupted publicity and the organising of events and treks.
| Key ratios | |||||
| 2005 | 2006 | 2007 | 2008 | 2009E | |
| Proportion of restricted income | 84% | 76% | 67% | 83% | 90% |
| Proportion of income used on projects | 45% | 142% | 97% | 86% | 92% |
| Programme ratio | 82% | 95% | 89% | 89% | 89% |
| Administration ratio | 15% | 3% | 6% | 7% | 8% |
| Fundraising efficiency | 2p | 3p | 5p | 4p | 3p |
| Reserve development | 39% | 40% | 124% | 7% | -52% |
| Number of months of cost coverage | -4 | 5 | 9 | 10 | 2 |
| Development Ratings estimates |
In 2008, international grants to local partners were made as follows: Zimbabwe 22%; Ghana 15%; Malawi 12%; India 11%; Zambia 10%; Kenya & Pakistan 6% each; Namibia & Sri Lanka 5% each; and Tanzania 1%. General Africa grants made up the 6% balance.
In 2008, income was derived from the following sources: institutions 60%; trusts and foundations 20%; housing associations 4%; and the 16% balance from individuals and fees.
Average staff costs of £34,389 partly reflects the long standing experience of staff managing local partners. New CLIFF staff hires will have finance backgrounds, which could raise the average further.
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