Stewarding Your Money
Here at Compassion we're passionate about doing things with excellence, including the way we manage our finances. We work hard to ensure donations are used strategically, for the greatest benefit of children in poverty.
From our fundraising activities to our programme activities, we’re accountable for every penny we spend. Our field offices have both internal and external audits regularly and our own office here in Ireland is audited externally each year.
How your sponsorship money is used
It costs €35 a month to sponsor a child. For every €1 given to Compassion Ireland, at least €o.80 is granted to Compassion International to directly benefit your sponsored child.
TAX RELIEF
If you’re a taxpayer in Ireland and you’re donating more than €250 annually to Compassion Ireland, your donations could go 45% further with Tax Relief at no extra cost to you.
All you need to do is fill out a CHY3 tax form. It’s valid for five years and doesn’t commit you to making any donations in the future. It just means that you’ll allow us to claim tax back for any year you gave €250 or more within the past four years.
Tax Relief enables your donations to go even further, supporting Compassion Ireland to empower project partners across the world to serve children and their families in poverty. Within a few minutes, you can help bring hope and positive change to children, their families, and sometimes to entire communities as well.
If you have any questions or would like to learn more, please contact us at info@compassion.ie.
CHY3 TAX RELIEF FORM
ANNUAL REPORT AND FINANCIAL STATEMENTS
Our Annual Report and Financial Statements are available here so anyone can see a detailed breakdown of our income and expenditure.