HokHoiLibrary

Very small in scale
Annual income and expense were about $220,000 and $330,000
Recorded a serious deficit
Operated a library with books that are out-of-print now
Held lecture and talks about Chinese Literature
Dividend from listed stocks was the major source of income
No rating is available because of no fund raising event or donation during the year, and no estimation of fundraising efficiency can be made
Project expense was mainly staff costs and lecture fee which was about 72% of total expenditure
Administrative expense was about 18% of total expenditure which is considered low level with such a small scale Recorded a deficit
Cash and investment in hand was over $4.5million which can support the daily operation

核查日期:Nov. 3, 2018

Rating
    
Fund Needs
$$ 
Fund-raising efficiency
Fund-raising expenses
Project expense
Staff salaries
Administrative expenses
010

Suggestion

To consider to have public fund raising activities so as to cover the deficit
To gather resources from the public and expand the services so that more people will be benefit

Charity Information

The 1st public library operated by non-government organization which lends books about Chinese history to the public, and promote readings</br> To promote Chinese Literature and to train people with strong interest in Chinese Literature

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