Our finances

Annual report 2016/17

Read our Annual report and financial statements 2016/2017 (1.2mb).

Key facts and figures 2016/17

  • The HelpAge global network grew to 127 members in 77 countries, all working to promote the rights and meet the needs of older people around the world.
  • We supported 7,976 older people’s associations with 403,000 members in 26 countries. 
  • 164,000 people in 42 countries took part in Age Demands Action campaigns.
  • We helped build support for a UN convention on the rights of older people, now backed by 37 national governments.
  • We led an inter-agency group to develop the Charter on Inclusion of Persons with Disabilities in Humanitarian Action.
  • We took part in humanitarian emergency responses around the world, including in East Africa and Yemen.
  • We contributed to six national policies on ageing in five countries, potentially benefiting 13 million older people. 
In 2016, we began a major organisational restructuring, both to deliver our Strategy to 2020, and to adjust to the changing financial position and external environment. In line with our strategic vision, to focus on our role as a global secretariat, the change process included decentralising functions from London to our regional centres and hubs, closing some country offices to support national organisations and regional networks, and investing in building our technical resources. 
 
Our total income in 2016/17 was £27 million, and despite the changes in the donor funding environment in the UK, particularly the Department for International Development’s review of its civil society funding strategy resulting in the closure of its Programme Partnership Arrangements in December 2016, we ended the year with a surplus of unrestricted income of £100,000, which was re-invested in our reserves.
 
These changes inevitably brought challenges, but we are now in a stronger position to support our global network, not solely by distributing aid but by supporting older people themselves as agents of change and helping societies to adapt to population ageing. HelpAge International is at the forefront of this growing network of support and advocacy, and we can look forward with confidence to the future.

Where our money came from and how we spent it

Where our money came from and how we spent it


In determining HelpAge International's Ethical Fundraising Policy, its board of trustees is aware of the need to ensure an adequate and sustainable funding base. In accordance with charity law, HelpAge's trustees have an obligation to maximise resources for the charity and, in turn, expenditure on activities that benefit the millions of poor older people around the world.

No fundraising costs were incurred for generating voluntary income because we do not raise funds from the public directly in the UK. 


We welcome donations to support our work with older people in developing countries. Make a donation online today.


Thank you to all our donors, including:

Cordaid Irish Aid Fk Norway
BMZ HelpAge Korea DFID
HelpAge USA HelpAge Deutschland Big Lottery Fund
ECHO KOICA LIFT
USAID DEC European Union
Age International Hilton Foundation  
AARP Foundation HelpAge Espana  
  aecid logo CIDA