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WaterAid Australia financial review 2022/23

This information has been extracted from the audited WaterAid Australia Annual Report and Financial Statements 2018/19.

Where did the money come from in 2022/23?

WaterAid Australia’s 2022/23 total income was $16.5m, an increase of $0.8m or 5% compared to the prior year. In 2022/23, we successfully completed the fifth year of our major grant - Water for Women - funded by the Australian Government’s Department of Foreign Affairs and Trade “DFAT”. DFAT contributed significantly to our mission, by funding $7.9m of our work, representing 48% of our total income (2021/22: $6.3m or 40%). 2022/23 fundraising income was $5.3m, a 19% decrease on the prior year (2021/22: $6.6m). Support from the water sector remains a positive component of our fundraising effort. WaterAid Australia also received total funding of $1.9m via other members of the WaterAid International Federation (2021/22: $2.1m).

Where did the money go in 2022/23?

Total expenditure in 2022/23 was $18.9m, an increase of $2.8m or 18% from the prior year (2021/22: $16m). Our programmatic work made up 73% of our total expenditure, fundraising costs were 19.8% and accountability and administration totalled 7.2%. We efficiently and effectively maintained our commitment to the Australian public of being a transparent and accountable organisation.

Income: $16.5 million

Income figures

Expenses: $18.9 million

Expense figures

Program expenditure: $13.8 million

Program expenditure figures

Code of conduct

As a signatory to the Australian Council for International Development (ACFID) Code of Conduct, we are committed to high standards in financial reporting, management and ethical practice. Further information on the code and its complaints handling procedure is available at www.acfid.asn.au.

WaterAid Australia’s Constitution is available by clicking here.

ACFID member