Our Financial Summary 2021

The total income for 2020-21 was £2,826,972. This was an increase of £586,230 on the previous year and marks the highest annual income that Karuna has recorded.

Individual supporters contributed £1,952,309 to Karuna UK and £62,199 to Karuna Germany (DE). 

Funding partnerships with trusts and institutions allow us to inject investment into specific community projects or to expand projects to larger geographical areas. Last year, in response to the COVID-19 crisis, trusts and institutions contributed £777,532 – an increase of £206,369 from the previous year.

Over the course of the last 3 years we have managed to maintain our reserves at a stable level. However, 2020/21 was a year of extremes which disrupted this fine balance. 

For Karuna, two factors in particular converged: the significant response to our COVID-19 Crisis 2020 Appeal which led to a vitally important income surge, coupled with new Foreign Contribution Regulations Act (FCRA) governing the flow of funds for NGOs into India. Together, these created a temporary bottleneck of fund transfers in March/April/May 2021 contributing to a large increase in our operating reserves carried forward from the financial year 2020/21 to 2021/22.

In April 2021 the deadly second wave of COVID-19 struck India and in May it hit Nepal. Having an additional surplus of £385,110 enabled us to provide immediate emergency relief to communities in India, Nepal and Bangladesh. Our reserves will also be a vital resource to help us meet future waves of COVID-19 and for post-COVID community rebuilding.

59,330 people supported

180,000

Jobless Migrant labourers supported

THE YEAR 2021 IN FIGURES

350,000 People Supported this Year

Previous Annual Reviews

2020–2021 ANNUAL REVIEW

2019-2020 Annual Review

2019-2020 ANNUAL REVIEW

2018-2019 Annual Review

2018-2019 Annual Review

2017-2018 Annual Review

2017–2018 ANNUAL REVIEW

2016-2017 Annual Review

2016-2017 ANNUAL REVIEW