---
title: "Finances"
description: "We are committed to being open and transparent to our staff, the people we work with, and the public. We are honest about where our funds come from and where they go, and strive to be independent, impartial, and neutral in our work protecting the most vulnerable."
url: "https://www.nrc.no/who-we-are/finances"
language: "en"
published: "2016-01-21T12:26:54Z"
modified: "2026-06-18T13:26:27Z"
---

# Finances

"I had lost everything, but today I can save money thanks to my business," says Mama Alice. She received start-up capital from NRC and our donors to launch her own business in Buea, Cameroon. Photo: Patricia Pouhe/NRC

We are committed to being open and transparent to our staff, the people we work with, and the public. We are honest about where our funds come from and where they go, and strive to be independent, impartial, and neutral in our work protecting the most vulnerable.

Updated 18. Jun 2026

[Global](https://www.nrc.no/themes?categoryId=23)

The number of displaced people has reached 117.8 million, the second highest ever recorded. In response, we directly assisted **10.6 million people** across **39 countries** in 2025.

In 2025, NRC’s total annual income was USD 859.9 million (NOK 8.9 billion), which represents a 4 per cent decrease in NOK compared to 2024.

### Top donors in 2025

- Norway (The Norwegian Agency for Development Cooperation (Norad) and the Norwegian Ministry of Foreign Affairs) donated **16.7 per cent** of our income.
- The former USAID Bureau for Humanitarian Assistance donated **14 per cent** of our total income.
- The European Civil Protection and Humanitarian Aid Operations (ECHO) donated **13.1 per cent** of our total income.
- The Swedish Internationl Development Cooperation Agency (Sida) donated **6.6 per cent** of our income.
- The UK’s Foreign, Commonwealth & Development Office (FCDO) donated **5.4 per cent** of our income.
- NRC also implemented a significant amount of in-kind assistance provided by the World Food Programme (WFP).

### All institutional donors in 2025 (NOK 1,000)

We also receive regular and one-off donations and pro bono support from private individuals and corporate partners. For more information, visit our [partners and donors page](https://www.nrc.no/who-we-are/our-donors).

### Our work in 2025

In 2025, thanks to our donors, we reached more than **10 million people** across **39 countries.** Our programmes concentrated on six activities in the field:

- [Education](https://www.nrc.no/what-we-do/activities-in-the-field/education)
- [Information, counselling and legal assistance (ICLA)](https://www.nrc.no/what-we-do/activities-in-the-field/icla)
- [Livelihoods and food security](https://www.nrc.no/what-we-do/activities-in-the-field/food-security)
- [Protection from violence](https://www.nrc.no/what-we-do/activities-in-the-field/protection-from-violence)
- [Shelter and settlements](https://www.nrc.no/what-we-do/activities-in-the-field/shelter)
- [Water, sanitation and hygiene promotion (WASH)](https://www.nrc.no/what-we-do/activities-in-the-field/water-sanitation-and-hygiene-wash)

- 1,291,713

  people supported with education
- 1,692,544

  people supported with livelihoods and food security
- 1,399,503

  people supported with shelter and settlements
- 773,814

  people supported with protection from violence
- 1,523,235

  people supported with information, counselling and legal assistance
- 4,294,121

  people supported with water, sanitation and hygiene
- 1,778,946

  people supported with multi-purpose cash assistance

***Note:** some people received more than one type of assistance.*

### Transparency and openness

Transparency is a prerequisite for accountability. We are committed to being accountable to all stakeholders. We ensure that the details on how we work, and where our funds go, are accessible and visible.

That’s why we adopted an [open information policy](https://www.nrc.no/globalassets/pdf/policy-documents/nrc-open-information-policy.pdf), outlining what information we share and how. We strive towards the highest standards of openness.

NRC is a signatory of the International Aid Transparency Initiative (IATI), which aims to make information about international aid easier to find, use, and understand. We publish information through IATI on a quarterly basis.

For more information on our open information policy and IATI, please visit our [accountability page](https://www.nrc.no/who-we-are/accountability).

**Principled humanitarian action**

As an organisation, we follow the core humanitarian principles of *humanity*, *impartiality*, *independence*, and *neutrality*. We strive for principled humanitarian action, leaving us free to do our work away from the political and security agendas of states. Our goal is always to help the most vulnerable people, regardless of religion, ethnicity, nationality, political ideology, or social class. [Read more about humanitarian principles.](https://www.nrc.no/what-we-do/speaking-up-for-rights/humanitarian-access)

**Annual reports**

[Annual Report from the Board 2025](https://www.nrc.no/globalassets/pdf/annual-reports/2025/global/annual-report-from-the-board-2025.pdf)

[All annual reports](https://www.nrc.no/who-we-are/finances/annual-reports)

**Annual accounts**

[Annual Accounts 2025](https://www.nrc.no/globalassets/pdf/annual-accounts/2025/nrc-annual-accounts-2025_130826.pdf)

[Independent Auditor's Report 2025](https://www.nrc.no/globalassets/pdf/annual-accounts/2025/nrc-audit-report-2025.pdf)

[All annual accounts](https://www.nrc.no/who-we-are/finances/activity-accounts)
