The following table summarizes the aggregate financial statement and is intended to report separately on the activity of the two entities, as well as to highlight the reclassified values used to determine financial ratios.
The Financial Statements issued by AIRC and FIRC fulfil their obligation of reporting, transparency and information to members and supporters.
Being efficient means spending just the right sum to get the best possible result, in other words: allocating 86.8% of the available resources for institutional activity. The efficiency indicators listed below were defined on the basis of homogeneous reference schemes shared with most national common practices.
Fundraising efficiency index
This indicator expresses the quota of collection expenditure per each euro received. In 2020, only 11 cents out of each euro donated were used for the organisation of the various fundraising initiatives.
Fund Assignment Speed
The following table shows the average time intervening between the allocation of funds and their actual disbursement.
(values expressed in million euro)