VSO's work would not be possible without funding and donations from agencies, trusts, private companies and the general public.
Total income for the year: £63 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: £58.8 million
How the money was spent
Pay and benefits
VSO’s Chief Executive, 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 Chief Executive should be remunerated accordingly.
Transparency and value for money are key values for VSO. Read our most recent annual report for detailed financial accounts.
Structure and governance
Our International Board and Executive Board set the strategic direction of VSO in accordance with legal and regulatory guidelines.