Finances and 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.
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%).