Financial Update 2022-2023
Thank you!
It’s been a tough year when we have all faced rising prices and more calls on our
2022-23 Sources of Income
money, yet once again you have pulled
7%
together to support Christians in the Holy Land. The trends we have seen of price increases for food and utilities in
5% 6%
12%
5% 18%
the UK have been mirrored in the Holy Land, putting even more pressure on families and individuals who have little
21% 13%
or no reserves to fall back on. With your help we have been able to continue to give grants to all our key operations and fund the School of
12%
Legacies Local FHL Groups Trusts & Foundations Parishes & Dioceses Regular Standing Orders
Individual Donations Christmas Appeal Gift Aid Recovery Retail Income
Joy and St Martha’s House. Our total income for 2022-23 was £877,000,
the end of the year for our water appeal,
including over £100,000 raised towards
which we plan to spend in 2023-24. We were able to distribute grants of
2022-23 Charitable Grants Family Support
cautious approach to grant giving in the first half of the year when our
Health
income was under pressure. We were
Education
affected by the decrease in the value
Housing & employment
of the pound against the Israeli Shekel,
St Martha’s House
increasing the effective cost of operating our local office in Bethlehem, as well as
School of Joy £0
£511,000 during the year, despite a
£40k
by increased costs in the UK for example £80k
£120k
£160k
in running our head office in Kenilworth.