EXPENDITURES
EXPENDITURES
Overview
MCP is registered with the Philippine Securities and Exchange commission as a non-profit, non-stock corporation (under reg. no. CN201506332.) There are no shareholders to generate revenue for, and all funds garnered through volunteer fees, CSR, grants and private donations are used to facilitate the continued and expanded operation of the organisation in a range of different areas.
MCP is audited by an external certified public accountant. You may wish to examine the archived annual achievements of the organization.
Budget Breakdown
Yearly expenditures vary significantly. As such, to give you a better overview this is the averaged percentual budget breakdown for 2019, 2022, 2023 and 2024. 20 and 21 are excepted due to COVID19. . Aside from illustrated expenses on the right, MCP has been able to save 10-15% of income for our contingency fund.