Raise Foundation | Annual Report 2023
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Audited accounts 2023 Statement of profit or loss and other comprehensive income For the year ended 31 December 2023 2023 2022 $ $ Revenue and other income 8,464,060 7,448,221 Finance income 31,136 4,158 Employee expenses (7,048,734) (6,503,317) Depreciation and amortisation expense (92,224) (90,940) Bad debts recovery/(expenses) 15,000 (15,000) Insurance (139,243) (90,044) Marketing expense (172,753) (155,819) IT expenses (389,782) (580,904) Together 4 Youth costs (624,508) (325,128) Conference expenses (78,556) (32,249) Fundraising costs (111,934) (85,576) Other expenses (350,779) (206,546) Finance expenses (4,521) (7,164) Surplus/(deficit) before income tax (502,838) (640,308) Other comprehensive income for the year — — Total comprehensive income for the year (502,838) (640,308)
*Our audited 2023 Financial Statements are available to view on our website.
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