Finances and reports

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Financial responsibility and transparency

When it comes to raising and spending funds, we apply the same principles of transparency and accountability that govern all of our work.

Each year, our audited financial statements provide an overview of MAGNA’s work. Our activity report provides details of our activities and spending in each country and reflects the main challenges we faced during the year. Find out more about where our money comes from and how your donations are used with our financial reports and our activity reports.

Financial reports

MAGNA responds to global humanitarian crises by using resources effectively.

In 2021, we spent up to 97% of our income on health programs. in the value of €3,321,373. The costs of communication with donors and administration reached €114,781 (3%)

We also maintain a reserve that allows us to respond immediately to crises. The use of funds is strictly controlled and audited financial reports are publicly available.

In 2021, thanks to the support of almost 70 thousand individual donations from Slovakia and help from long-term institutional partners, our teams implemented the activities of ongoing projects, opened missions in new countries and at the same time responded to several emergency situations, especially on the African continent.

Thanks to you, our teams have provided life-saving care to thousands of patients in 6 countries around the world.

Finančná správa 2021

Annual reports

Each year, MAGNA Slovakia publishes an annual report in which it describes in detail the humanitarian health work we have carried out – where we have worked, what challenges we have had to deal with and what differences our supporters have helped us make in the lives of people who have become vulnerable as a result of conflicts. diseases and natural resources. disasters and exclusion from health care.

Global numbers 2021

MAGNA’s worldwide revenue in 2021 reached €3,562,335. Also thanks to the support of private donors, we can intervene quickly and independently in times of humanitarian disasters. In 2021, the share of private donations reached 20%.

In 2021, MAGNA provided medical and humanitarian aid in 6 countries around the world and spent €3,321,373 (93%) on running programs. The costs of communication with donors and administration reached €239,962 (7%).

Activities in numbers for 2021

320,000 outpatient medical consultations

22,800 treated malnourished children

3,500 treated children in the HIV/AIDS program

5,200 treated victims of sexual violence

How do we use the funds?