Image by Stephen Gladieu/World Bank

Our finances

Here are our full financial details – how we’re funded and who we’re funded by.

Funding

Our income in 2021 increased by £671,831 to £5,808,359 driven largely by income from our consultancy arm, DII. Our reliance on UKAID funding decreased following cuts as part of the UK government's reduction in their aid spending.

Development Initiatives Poverty Research Ltd: Income in 2021 – £5.8 million

finance-chart-income

Expenditure

In 2021, as in previous years, our highest expenditure remained our staff costs and professional services. We increased our staff numbers from 80 to 93 and as a result staff costs also increased. This was also as a result of investment in staff salaries following a pay review and an extensive benchmarking exercise. Training costs were slightly higher in 2021 (£29,516) than in 2020 (£26,826). Our consultant costs were down from £1,103,580 in 2020 to £999,163 in 2021 as a result of the effect of the pandemic on the general activities of the organisation.

In the first quarter of 2021 DI also moved offices in the UK, saving in rent during a time when the offices were closed, and the re-fit was underway. As a result, our rent and rates were lower in 2021 than in previous years. However, DI has secured a lease to support the re-fit costs amounting to £60,360 and will be repaid over five years.

Development Initiatives Poverty Research Ltd: expenditure in 2021 – £5.6 million

finance-chart-expenditure

Development Initiatives Poverty Research Ltd – accounts

Our accounts for the past seven years are below. For earlier accounts, please contact our finance team at [email protected].

Download

DIPR accounts 2021

Download

DIPR accounts 2020

Download

DIPR accounts 2019

Download

DIPR accounts 2018

Download

DIPR accounts 2017

Download

DIPR accounts 2016

Download

DIPR accounts 2015

DI International Ltd – accounts

Our accounts for the past seven years are below. For earlier accounts, please contact our finance team at [email protected].

Download

DII accounts 2021

Download

DII accounts 2020

Download

DII accounts 2019

Download

DII accounts 2018

Download

DII accounts 2017

Download

DII accounts 2016

Download

DII accounts 2015