MED-ART

2010:
Donation was activity income were the major source of income (~$1.5million)
The donation for year 2010 is twice as much as the donation for year 2009
Expense for fundraising concert increased accordingly
Cost of raising every $100 was about $30
project expense and salaries expense were 60%, 10% of total expenditure
administrative expense was very low, about 75% of total expenditure
project expense was mainly used in the cure of orphans
Recorded a deficit
Cash in hand was about $2.7million which can support operation for only about 1.5 years

2009:
Donation was activity income were the major source of income (~$0.6million)
Good fundraising efficiency
Cost of raising every $100 was about $7
salaries expense were 17%of total expenditure
administrative expense were about 85% of total expenditure
no information for program expense
Recorded a deficit about 0.5 million

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 reducing the fund raising expense and improve the fund raising efficiency
To pay attention and improve the deficit

Charity Information

To bring care and comfort to those within hospice or long term confinement in Hong Kong</br> To provide medical treatment, surgery evaluation to orphans babies in China

http://www.medart.org.hk/web/main.php

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