Our financial report

HouseWithNoStepsAU
2017 HWNS Annual Review
2 min readOct 10, 2017

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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

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