Our Financials

Our work of going into the world of youth, walking with them in friendship, and introducing them to the love of Jesus would not be possible without our donors. We are incredibly thankful for each generous gift we receive, and consider it our honor to steward our resources well.

Here’s how your donation helps us make youth known in Hong Kong, by name and for a purpose.

2022-2023 Total Expenditure: HK$5,433,154

In 2022-2023, for every HK$100 donated to Hong Kong Young Life, we spent:

Click on one of the expense categories above to find out more.

Please note that these figures exclude the salary, benefits, and expenses of two APAC staff stationed in Hong Kong, who are entirely supported through APAC staff fundraising and by the Young Life APAC entity.

2022-2023 Total Income: HK$9,746,740*

Most of our income comes from private donations, and some from event registrations which only partially cover the costs incurred.

Click on one of the revenue categories above to find out more.

Please note that these figures exclude inter-mission transfers from the Young Life APAC entity and funds raised to support two APAC staff stationed in Hong Kong.

 

Financial Transparency

*We aim at keeping at least 12 months operational expenditure in our bank account for our “Operational Reserve” and “Opportunity Reserve” to continue our mission without undue interruption or hardship and to pursue special targets of opportunity as they arise.

The financials on this page have been audited. Our external audit is conducted by Philip Poon & Partners CPA Limited. Some of the expense accounts in the audit have been collapsed into the above categories for ease of understanding. Our fiscal year follows after Young Life, from October 1 to September 30 of the following year. All currencies are in HKD.

Audited Financial Statements

Please view our most recent three years of Audited Financial Statements or email evelyn@hongkongyounglife.org for more information.

For more information about Hong Kong Young Life, please see our Impact Report from 2023.

You are Invited!

Do you want to be a part of this story? You were made for this!

Learn more about how you can get involved with Young Life to love and serve the youth of this city with other caring adults.

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