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Hope Worldwide

(2010)
Proactively provide and upload the latest audit report and support high transaprency, which is commendable
Fair fundraising efficiency
Cost of raising every $100 was about $23
Fund raising expense was about 16% of total expenditure
Management account attached to the audit report stated the overhead allocation among program, fund raising and administrative epxense
Project expense (including salaries of frontline staffs), salaries of supporting staffs and administrative expense were about 75%, 6% and 2% of total expenditure
Administrative expense was kept at a low level representing good control of operating cost
Recorded a surplus
Cash in hand can support operation for about 3 months
Provided services to over 2,500 elderly, 1,100 children, and 11,000 high school students
Assisted about 1,150 children of farmers in China to receive education


(2009)
Good fund-raising efficiency (cost HK$17 for raising every HK $ 100)
Fund-raising costs was less than 12% of total expenditures
Project expenses (including the Shek Kip Mei Centre operating expenses) was 50% of total expenditures, which was at a lower level
Salaries and administrative costs accounted for 30% and 20% of total expenditures
19 employees helped more than 19,000 people in 2009
Each employee served 1,000 people in average
Not much cash reserves and surplus and did not does any investments
Existing resources have been sent to people in need quickly

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 improving the fund raising efficiency

Charity Information

Projects in China focus on education, health and volunteer services </br> In Hong Kong, Shek Kip Mei Children's Center hopes to provide counseling, tuitions and other educational services to children in lower classes in Sham Shui Po </br> To provide vocational training and other support to some local families </br> To support development of poor areas in the Mainland through funding education for primary, secondary and university students </br> At present, Gansu, Hunan, Shaanxi and Yunnan are equipped with funding schemes </br> Largest annual volunteer activity in Hong Kong is Seniors Day </br> Served more than 6,000 elderly over the past decades </br> Other elderly activities include the “Elderly Eye Screening” service and "Elderly Home Fall

http://www.hopeww.org.hk/

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