Transparency

ChildFund Korea is putting forth its best effort for transparent accounting management, organization operation, and an accountable
business report. We report our expenses in compliance with Law No. 12844 ‘Act on the Collection and Use of Contributions.’
Our financial operations are audited by relevant agencies including KPMG and the Ministry of Health and Welfare to ensure our transparency.

2023Revenue

2023 Revenue

Classification		Amount(KRW)	Percentage(%)
Monetary donations and In-kind contributions	Monetary donations	178,344,302,580	77.8
	In-kind Contributions	25,816,248,241
Subsidy from the Government		37,541,620,005	14.3
Profit-making business		1,649,149,100	0.6
Program Operation		570,994,868	0.2
Revenues outside of programs		5,615,804,735	2.2
Carryover from the previous period		12,974,386,212	4.9
Total revenue		262,512,505,741	100.0

2023Expenditure

2023 Expenditure

Classification	Amount(KRW)	Percentage(%)
Domestic and Overseas program expenses	229,556,339,534	87.5
Fundraising expenses	23,059,737,185	8.8
General administrative expenses	8,206,772,274	3.1
Other program-related expenses	1,623,188,868	0.6
Non-program-related expenses	66,467,880	0.0
Total expenses	262,512,505,741	100.0