Care of Afghan Families (CAF) released its annual financial report for the year ending 19 March 2024, audited by Credence Auditors & Advisors. Key highlights:
- Total Income: AFN 1,096,388,483 (USD 14,322,020), primarily from grants.
- Expenditure:
- Direct Operating Costs: AFN 1,029,662,004 (USD 13,438,731).
- Indirect Operating Costs: AFN 65,937,203 (USD 924,623).
- Tax Compliance: Collected AFN 44,309,637; Paid AFN 42,241,178 to the government.
- Fixed Assets: Net book value of AFN 1,094,931 (USD 30,063), including equipment and vehicles.
- Auditor’s Opinion: Financial statements comply with IFRS and Afghan laws, reflecting a fair and unqualified financial position.
CAF continues to focus on healthcare, nutrition, and community development across Afghanistan.