Directors’ Report

WaterAid Australia Directors present this report on WaterAid Australia Limited for the 12 month period ended 31 March 2022.

Financial overview: 1 April 2021 to 31 March 2022

Where did the money come from in 2021/22?

WaterAid Australia’s 2021/22 total income was $15.8m, a decrease of $1.4m or 8% compared to the prior year. In 2021/22, we successfully completed the fourth year of our major grant - Water for Women - funded by the Australian Government’s Department of Foreign Affairs and Trade “DFAT”. DFAT contributed significantly to our mission, by funding $6.3m of our work, representing 40% of our total income (2020/21: $5.8m or 34%).

2021/22 fundraising income was $6.6m, a 24% decrease on the prior year (2020/21: $8.7m). Support from the water sector remains an enormously positive component of our fundraising effort. WaterAid Australia also received total funding of $2.1m via other members of the WaterAid International Federation (2020/21: $1.6m).

Where did the money go in 2021/22?

Total expenditure in 2021/22 was $16m, an increase of $2.4m or 18% from the prior year (2020/21: $13.6m). Our programmatic work made up 72% of our total expenditure, fundraising costs were 19% and accountability and administration totalled 9%. We efficiently and effectively maintained our commitment to the Australian public of being a transparent and accountable organisation.

Income $15.8 million

42% Fundraising 40% DFAT grants 2% WaterAid UK 13% Other WaterAid member funds 3% Other grants and income

Expenses $16 million

71.9% Our work 19.4% Fundraising costs 8.7% Accountability and administration

Program expenditure $11.5 million

20% Program support 23% PNG and Pacific 25% South East Asia 20% Timor-Leste 10% Other 2% Community education