Asthma Society of Ireland reports deficit of €370,000

The charity’s income has dropped steadily having peaked at €1.7m in 2007

Averil Power was recently appointed chief executive of the Asthma Society. Pic: RollingNews.ie

The Asthma Society had a net deficit of €369,534 last year – a significant sum given the small size of the charity.

According to the Asthma Society’s audited accounts, its income dropped from €1,048,453 in 2014 to €830,531 in 2015. The charity’s income has dropped steadily having peaked at €1.7 million in 2007.

In its financial review, the charity said 2015 was a “very challenging year”. It said income from its own lottery ...