Advantage Africa’s Annual Report and Accounts provide a review of the charity’s finances, governance and activities from 1st August 2022 to 31st July 2023.

Despite continued economic pressures in East Africa and the UK, 2022/23 was a successful year for Advantage Africa. We supported thousands of vulnerable people to improve their lives including:



 

We’re grateful to everyone who made these achievements possible including our many individual and organisational supporters.

Income in 2022/23 was £333k (£276k in 2021/22). Donations from individuals remained the same at £156k and from companies and churches increased from £32k to £46k.
Boosting our impact enormously, grants from government and charitable trusts increased by 75% from £75k to £131k.

Expenditure in 2022/23 was £303k (£311k in 2021/22) resulting in a closer balance of income and expenditure than had been possible during and following COVID-19 lockdowns. Expenditure on charitable activities fell slightly from £270k in 2021/22 to £260k this year and on raising funds remained relatively stable at £43k. 

The breakdown of income and expendture by percentage is shown below:


We look forward to the continued fulfilment of our strategic goal of ‘better lives for the most vulnerable people in East Africa’ in 2023/24.

Download our Annual Report and Accounts

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