Your Impact
Our aim is that your donations have as much impact as possible. Some highlights of what you have achieved over the past 12 months include:
Income and Expenditure
Leprosy Mission Australia achieved a surplus for the year of $182,084 (2023: $356,716) which includes a non-monetary adjustment of $170,660 (2023: $110,955) to reflect its financial assets at its fair value at the year end. A recent revaluation surplus of $556,880 which has been reported as part of comprehensive income and increased the asset revaluation reserve.
We have raised $8,015,352 in total revenue through our faithful and generous supporters in donations, bequest gifting and buying merchandise from our shop including an Australian government grant of $1,452,349 from the Department of Foreign Affairs and Trade. Revenue had increased 2% against last year.
This financial year, Leprosy Mission Australia has continued its support to seven countries – Bangladesh, India, Indonesia, Nepal, Nigeria, PNG and Timor-Leste. We were able to spend $2,949,976 (2023: $2,938,210) on program implementation and $1,029,749 (2023: $944,491) in community education. This has enabled our project partners to provide aid to help people affected by leprosy and disabilities.
Our overall financial health
We are thankful that our financial health is sound with a strong balance sheet (as summarised in the Statement of Financial Position) with net assets of $12,558,990 (2023: $11,820,026) including cash equivalents of $1,750,341 and financial assets of $4,238,514 which are ungeared and actively managed using specialist advice to achieve long term market growth with competitive returns.
Our financial objectives in 2024-25 are to focus on building and sustaining capacity to meet our project commitments and operations. We will continue to keep a tight control on non-project expenditure to maximise effective use of resources. Together, with our supporters and partners, we will defeat leprosy and transform lives affected by leprosy.
*Source: Audited TLMA Financial Statements for the year ended 30 June 2024, amounts are in Australian Dollars
The charts represent our income and expenditure as a proportion of the totals. Each category is based on the definitions approved in the ACFID Code of Conduct. For further information on the Code, please refer to the ACFID website https://acfid.asn.au/.
For a copy of Leprosy Mission Australia's full audited financial statements or further information, please contact our team on 1800 537 767 or visit our website https://www.leprosymission.org.au/.
The Leprosy Mission Australia is a member of the Australian Council for International Development and is a signatory to the ACFID Code of Conduct. The Code requires members to meet high standards of corporate governance, public accountability, and financial management. The Leprosy Mission Australia is committed to full adherence to the ACFID Code of Conduct. More information about the ACFID Code of Conduct may be obtained by contacting The Leprosy Mission Australia or visiting the ACFID website. Complaints relating to a breach of the ACFID Code of Conduct can be made to the ACFID Code of Conduct Committee.
We are committed to disability-inclusive development.
The Leprosy Mission Australia is a member of the Fair Trade Association of Australia and New Zealand, a network of organisations that support fairness in prices and wages, improved market access and poverty alleviation.