Financial figures

Here are the published quarterly and year-to-date financials of ERC USA Inc. These figures do not cover the individual budgets of each community. Restoration communities also have their own fundraising. Below, you will find the amount ERC USA has donated to the communities. ERC USA aims to have 85% of the raised funds go directly to the restoration communities.  

Income

Income is received through individual supporters, institutional donors (such as philanthropic foundations and governmental subsidies), and corporate sponsorships

Expediture

Our expenditure is divided into four categories: 

  • Communities Support: Money spent at the foundations to support communities, such as resource development and supporting joint fundraising. 
  • Direct support to communities: Money channelled through the foundations to communities. We are aiming to have 85% of funds raised go to communities over the coming years. In this phase of our development, where we focus on building sufficient capacity to support communities, this is not yet possible. 
  • Knowledge Exchange and Education: Costs incurred on the ERC Knowledge Exchange Platform and our educational offering, including dedicated staff-costs. 
  • Overheads: Costs incurred outside the above categories, such as salaries of the directors, fundraising, general IT costs, office and travel costs, bank and payment-service provider costs, and finally accountancy and bookkeeping costs. 

Annual Reports