FINANCIAL HIGHLIGHTS
Tuesday, June 9th, 2009At Books for Hope, we pride ourselves in operating with available resources to deliver maximum output. Our focus on results and efficiency is unparalleled. You can be assured that your contributions are channeled and used in the most efficient manner for your intended beneficiaries – the children.
Highlights of May 2008 – May 2009 financials include:
- During the first year of its operation, Books for Hope received Rp177 million in in-kind donation and cash. In-kind donations, primarily children’s books constitutes 78% our total donations.
- Rp88 million was invested for Library Programs which constitute 72% of our total expenses.
- General and administration of Rp34 million mainly relates to start-up costs (website, legal, etc.). Approximately 80% of the expenses are received in in-kind donation and only 20% in cash.

| June 9th, 2009 | Category: Book for Hope Latest Events | 0 Comment |





