Our finances

We are often asked why the school we send the children to is so expensive. We feel that the private sector in Nigeria offers the best education – but Caleb Secondary School is by no means the most expensive. We invest in private schooling for our young people because we are committed to providing them with a good quality  education – one that will genuinely transform their lives and offer them the chance to excel. Set against the backdrop of an 83% failure rate in WAEC exams (GCSE equivalent), we feel that our policy is sound.

There are millions more children in need of support. We will continue to expand our skills sharing programme and to lobby the government for improvements to the educational system. Use of funds money raised through our fundraising activities is used primarily to pay for the tuition and living expenses of the children we sponsor. The costs involved are for: Yearly School fees, school uniforms, school trips, accommodation Extra, food provisions, pocket money.

As a diligent charity, we strive to keep our overheads to a minimum to ensure the children get virtually all the money we raise. It is impossible not to incur some administrative costs, but we do our best to keep this to a minimum.

In the year from August 2009 to July 2010, our administrative expenditure covered: Set-up cost for Virgin Money and JustGiving online donations, BT 0800 Line for public response to adverts and queries, Website yearly subscription, P2P advert, Admin costs for charity run (Public liability insurance, PA system, St John’s Ambulance and Videographer), Website redevelopment and we were able to keep this to a minimum because of a generous offer to design the website for free by Research Studios.  

Three team members recently visited Nigeria. Although each person paid for their own airfare and accommodation, we incurred costs for filming and other administrative costs associated with the trip.

If you have any questions regarding the financial accountability of Path to Possibilities, please contact us.
You can find our Annual Report for the Year from November 2013 to November 2014 here

Just £7.50 a month will buy all the books required for a student for a year

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