Our financials
Sophia’s financial activities are subject to independent external audit by Kyprianides & Associates.
Where the money goes
We implement and manage our projects directly so that we retain control of our funds and ensure that our running costs are kept to the lowest possible level.
Based on the 2023 audited financial statements, 89% of our funds were allocated to support our programmes and initiatives in Kenya and Cyprus, 2% covered the costs of organising events to generate income, and 9% went towards staff salaries and other administrative expenses. The corresponding percentages for 2022 were 87%, 3% and 10% respectively.
