FISCAL YEAR HIGHLIGHTS
2022/2023
Allocations of funds in 2022-2023*
TOTAL REVENUEs
2023:
2022:
* Including restricted major gifts for endowment purposes
* Including restricted major gifts for endowment purposes
$6,915,236*
24.5%
$5,554,211*
$371,499 = 15.2%
TOTAL EXPEnditures
2023:
2022:
$2,844,454*
$1,963,705
44.9%
*Increase in expenses pertains in part to re-establishing staffing to pre-COVID levels; live vs. virtual events; investment in organization’s infrastructure for growth
$693,325 = 28.4%
2022:
$4,070,782
$3,590,506
13.4%
Fundraising COST RATIO*
2023:
32%
$15,301,491
(CHW Netanya Technological High School, CYJ - Canadian Young Judaea ; Hadassah Academic College, CHW Neri Bloomfield Academy of Design)
Healthcare:
2022:
* Fluctuations in year over year
20.1%
fundraising cost ratio is due to the pandemic, i.e. virtual vs. in person events, staff layoffs and rehiring.
$1,374,638 = 56.4% (Hadassah Medical Center; Shamir Medical Center) *Based on project commitments
ENDOWMENT FUNDS
2023:
(World WIZO: CHW Nahalal Youth Village; CHW Hadassim Children and Youth Village, Safety Net, Jerome D. Diamond Adolescent Centre)
Education:
NET REVENUE (AFTER EXPENSES):
2023:
Social Services:
2022:
$13,169,590
15.2%
16.2% 56.4%
28.5%
Project Funding
2023:
$2,439,462
2022:
$2,022,734
20.6%
FOR THE COMPLETE AUDITED FINANCIAL STATEMENT, VISIT:
CHW.CA/ABOUT/FINANCIALS
ORAH Magazine winter 2024
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