St Vincent’s Healthcare is the highest earning charity in Ireland — taking in a gross income of €363m in 2011.
With the activities of charities increasingly under scrutiny in the wake of the Central Redial Clinic top-up payments scandal, a list of the top 100 earning charities in the State has been released.
Compiled by Boardmatch Ireland, the index tracks changes in income of the 100 charities over a three-year period.
It found that between 2009 and 2011, the charity sector saw an overall decrease in income of 8.8% or €265 million.
The top 10 charities in the index are dominated by hospitals, with four of the top 10 are voluntary hospitals grant-aided by the HSE.
Last week St Vincent’s Health Care was in the headlines, after it emerged senior figures in the charity may be called to give evidence before the Dáil Public Accounts Committee following concerns raised by a TD about pension issues and payments to senior staff.
Second on the list is the Mater University Hospital which took in over €257m in gross income in 2011, followed by St Patrick’s Hospital Cork with €224m and the Bon Secours Health System at €221m.
The Central Remedial Clinic was 26th on the index, taking in €19.6m in gross income in 2011, a drop of 10.3% on its 2009 figure of €21.9m.
Overseas development NGO Bóthar was the biggest faller, dropping 22 places on the index since 2009.
It has seen an overall decline of 26% in its income since 2009. It took in €6.2m in 2011.
The biggest climber has been the UCD Foundation which has seen its annual income increase by 204% since 2009. It has moved from 150th place in 2009 to 47th in 2011.
Speaking at the launch of the index, CEO of Boardmatch Ireland Chris White said the index gives an unprecedented insight into the top tier of the Irish charity sector.
“Our key aim was to increase transparency, and by extension, public trust. The sector’s reputation has been severely damaged in recent times, so we feel the introduction of an annual Index will play a key role in promoting a new image of charities,” he said.
Meanwhile, a Christmas cash bonus of €1m for three charities has been doled out by the Cabinet.
St Vincent de Paul receives the lion’s share of the money with €770,000, Crosscare gets €130,000 and Protestant Aid €100,000.
A Government spokesperson insisted the unexpected donation was not linked to fears recent top-up controversies had badly damaged fundraising for all charities.
However, the spokesperson did say ministers were concerned by such a tail-off in public donations.
Top 10 charities in Ireland (income 2011):
- St Vincent’s Healthcare €363,330,869
- Mater University Hospital €257,643,000
- St Patrick’s Hospital Cork €224,183,000
- Bon Secours Health System €221,792,000
- The Rehab Group €176,676,000
- Concern Worldwide €160,234,000
- St Michael’s House €87,184,520
- Cope Foundation €62,025,337
- GOAL €61,027,483
- Irish Wheelchair Association (IWA Ltd) €53,194,619
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