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How we are funded


VSO's work would not be possible without funding and donations from agencies, trusts, private companies and the general public.

In 2015/16, incoming resources totalled £81.2 million, an increase of £4.2 million (5.5%) on the previous year (£77 million).

Our large funding partners

DFID logo

The Department For International Development leads the UK’s work to end extreme poverty.


Accenture logo
Australian government logo
BB Group logo
Comic Relief logo
EU logo
Guernsey logo
IBM logo
Big Lottery logo
Mondelez logo
New British Palm Oil logo
Norwegian Ministry logo
Pharo Foundation logo
Randstad logo
Schroder Foundation logo
Scottish government logo
Sweden logo
Syngenta logo
USAID logo

 

Expenditure 2015-16

For year ending 31st March 2016, VSO spent £208,000 on governance and CEO costs. £123,000 of this is the CEO’s salary, plus his travel and executive assistance costs.

VSO’s CEO, Philip Goodwin, took a drop in salary upon taking on this role. His current salary is £17,000 less than his predecessor.

VSO pays the market rate for charities to its senior staff. Equivalent roles in global organisations of a similar size in the private sector, are paid much higher salaries.

VSO continues to rigorously monitor all of its expenditure and aims to be as transparent as possible. We believe that high calibre leadership is critical to reducing global poverty and that the CEO should be remunerated accordingly.

Transparency and value for money are key values for VSO. Read our most recent annual report for detailed financial accounts.