Our financial report
Published in
2 min readOct 10, 2017
Overall 2016/17 was a great year for House with No Steps and we look to the future with confidence.
Our revenues grew by 14% to $171.5m with a net profit of $4.2m which was $1.2m more than last year. Bequest donations continue to increase, properties were sold for a profit and there were proceeds from mergers. Total operating costs increased 13%.
We re-invested our profits and cash reserves in improving properties and purchasing plant and equipment. We continued to grow our donor numbers.
2016/17 Revenue & 2016/17 Net Profit
Revenue Resources
Revenue ($ millions)
Profit/(Loss) ($ millions)
Net Assets ($ millions)
Total Comprehensive Income ($ millions)
Read the full Financial Report here
