In 2020, Inter Aide’s resources amounted to 8.5 million euros, representing approximatively equal shares between public and private funds.
The guiding principle, defined in the Charter, is to first define specific programs that meet the needs of the beneficiaries, and then to find funding that will enable their implementation. Programs are funded by one or more organizations. The funding organizations receive detailed status reports that describe the program’s progress, at regular intervals.
Inter Aide charges the administrative and monitoring costs of a program directly to that program’s budget. These costs do not exceed 13% of the total expenditure. Inter Aide practices full accounting transparency and maintains detailed analytical books for each project, which are available to its funders.
Inter Aide does not engage in public fundraising. Nonetheless, the organization is a French “Association d’intérêt général”, and as such is authorized to receive gifts and bequests that are tax-deductible for residents in France:
- for households: 66% of the amount donated is tax-deductible, up to a limit of 20% of the taxable income,
- for companies: 60% of the amount donated is tax-deductible, up to a limit of 10 000 euros or 5 ‰ of the turnover if this amount is higher
Tax relief is also available towards the French wealth tax (Impôt sur la Fortune Immobilière).
Check out our latests reports:
- 2021 Activity report
- 2021 Financial audited account (in French)