IRAQ WELFARE ORGANISATION
EDUCATION
Financial health, per its FY2024 accounts
The accounts state that the Charity achieved a net surplus of £15,149 for the year ended 31 December 2024, with total incoming receipts of £46,686 and expenditure of £31,537. The Charity holds unrestricted free reserves of approximately £15,541 in cash, which the trustees consider sufficient for working capital and future commitments.
What the accounts disclose
“The Charity’s total incoming receipts for the year amounted to £46,686.64, all of which were voluntary donations.” — page 4
Trustees
- Dr ALI AL-ASSAM
- Hani Mousa Lazim
- Haroun Lazim
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £47k | £32k |
| 31/12/2023 | £1k | £1k |
| 31/12/2022 | £2k | £2k |
| 31/12/2021 | £0 | £0 |
| 31/12/2020 | £0 | £0 |
Common questions
Is IRAQ WELFARE ORGANISATION financially healthy?
Per its FY2024 accounts: The accounts state that the Charity achieved a net surplus of £15,149 for the year ended 31 December 2024, with total incoming receipts of £46,686 and expenditure of £31,537. The Charity holds unrestricted free reserves of approximately £15,541 in cash, which the trustees consider sufficient for working capital and future commitments. Its FY2024 accounts were independently examined.