Our work would not be possible without funding and donations from agencies, trusts, private companies and the general public.
Total income for the year: £49.4 million
Where our income came from
Our funding partners
Thank you to all of our partners that enable us to continue our work around the world.
Total spend on charitable activities: £41.8 million
How the money was spent
Pay and benefits
We pay our senior staff the market rate for charities. Equivalent roles in global organisations of a similar size in the private sector are paid much higher salaries.
We continue to rigorously monitor all of our expenditure, and aim to be as transparent as possible. We believe that high-calibre leadership is critical to reducing global poverty and that our senior team should be remunerated accordingly.
Transparency and value for money are key values for us. Read our annual reviews for our detailed financial accounts.
Our International Board and Executive Board set the strategic direction of VSO in accordance with legal and regulatory guidelines.