A cancer charity at the centre of an investigation into its finances has said it can account for every cent it has fundraised for.
The Good and New charity, which operates a bus service for cancer patients in Co Donegal, has been found to have received over €400,000 more than it spent in the past two years.
In its return to the charities regulator, the charity reported income of more than €815,000 over 2015 and 2016, and expenditure of €390,780.
However, despite concerned being expressed over the transparency of its finances, the charity’s chairman says every cent of the funding has been banked.
Eamonn McDevitt revealed that the charity is to hold a meeting with its committee on Wednesday night and a statement will then be made on its position.
The charity says it is also tax complaint and that the Revenue Commissioners office can verify their accounts.
Mr McDevitt had initially said that the charity’s accountant was in Australia and that he would not be able to contact him until January.
In its return to the charities regulator, the Good and New Shop reported income of more than €815,000 over 2015 and 2016, and expenditure of €390,780.
The charity runs a once-a-week bus service to Galway from Donegal for patients needing cancer treatment.
The charity says it costs an average of €1,000 a week to run the service.
The charity bought a Mercedes bus last year which is understood to have cost more than €200,000.
As well as running a second-hand shop, the charity receives donations from across the North-West region through a variety of sources including individuals who fundraise to keep the bus on the road.
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