KitoOnlus Blog

Funds raised and budget allocation in 2018

This year too Kito Onlus wants to share with its supporters and donors the 2018 financial analysis to clearly evaluate our work, showing how funds were raised and how the budget was allocated.

28,097 € were raised in 2018, of which the 75% was the OPM-Valdese Church’s contribution, while the remaining 25% was raised from private contributions, 5×1000, and crowdfunding.

Funds raised

All these elements represent for the organization a strong sign that the work done is considered accountable and worthy of being financed and supported.  Moreover, Kito Onlus has participated to a new notice of the Valdese Church, of which results are expected in 2019.

With regards to the budget allocation, as the graph below shows, the highest percentage was allocate to projects on the field as the elementary school in Banilad, the construction of the pit-latrines block, and the “Kits for Kids” project.

Budget allocation

This analysis let us trust in the maintenance of this positive trend in the coming years too, allowing the development of new projects of prevention and emergency answer.

Click this link to read the Annual Report 2018, and this link to a brief description of the 2018 activities!