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How much income should a new charity bring in during it's first year ?

Hello All,

I have been in the charity sector for 6 weeks now and am certainly on a sharp learning curve ! The Foundation has been registered as a charity for just over 2 years. I am the first fundraising manager to be brought into the role. So there is no set bench mark as there is no previous experience.
At present my manager is setting a budget and needs to know roughly what a new charity would bring in in it's first real year of action. He needs the following areas : Sponsorship, Trusts, Bids and Fundraising Events.
We are a Community Foundation that aims to engage young people through the provision of sporting and educational opportunities.
We are affiliated with a Super League Rugby Team in that we work within the Stadium and have our own community learning floor.

There are six members of staff within the team.

I have been told that a break even point would be around the 250k mark. Many have said this is very high for the first year ?! I haven't a clue !!!

If anyone can help me or give me a rough idea. That would be fantastic.

Thanks to you all in advance.

Your UK Fundraising

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