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Income that Fits: What Works (and Doesn’t) for Community-Based Charities
Grab your copy of my book Charity Finance from A - Z
Check out ExpensePlus and sign up for a month's free trial and 10% off your first year's subscription, using my referral link http://expenseplus.co.uk/r/AI-BANC
In this episode of The Nonprofit Bookkeeper, I’m breaking down the income models we hear about all the time (trading, donations, venue hire, partnerships) and frankly talking about what fits and what doesn’t.
If your organisation is stretched thin trying to chase every funding opportunity, or you’ve been told to “diversify your income” without any roadmap, this episode is for you.
KEY TAKEAWAY
- Income should fit your size, mission, and capacity; not just follow what others are doing.
- Trading income can offer freedom, but only if you know your breakeven point and have capacity to deliver.
- Individual donations require strong community relationships and admin systems to manage them well.
- Diversifying income doesn’t mean doing more—it means doing what works for you and doing it well.
BEST MOMENTS
"Just because something brings in income doesn’t mean it’s worth it. If it’s burning you out or pulling you off mission, it’s not a fit."
"You don’t need five income streams to be sustainable; you need one or two that are working really well."
"Don’t fall into the trap of trying to be a venue manager when your real work is with people."
ABOUT YOUR HOST
Aishat operates her own bookkeeping and accounting services practice –BAnC Services – which focuses primarily on serving non-profits. Before founding her practice, she dedicated over two decades to the non-profit sector.
With her podcast, Aishat shares practical insights and expertise to streamline financial management for non-profits, while also shining a light on the often unseen and unheard efforts that uphold the delivery of a non-profit’s mission.
She is the author of Money Solutions for Single Mums and Charity Finance from A to Z – a practical guide designed to demystify finance for those working in the charity sector.
Beyond her professional endeavours with non-profits, Aishat is deeply committed to supporting single mothers in navigating financial challenges and champions financial literacy among young Black adults. She thrives in conversations about money, empowerment, and purposeful work.
Work with Aishat: www.bancservices.co.uk
CONNECT
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By Aishat
5
33 ratings
Grab your copy of my book Charity Finance from A - Z
Check out ExpensePlus and sign up for a month's free trial and 10% off your first year's subscription, using my referral link http://expenseplus.co.uk/r/AI-BANC
In this episode of The Nonprofit Bookkeeper, I’m breaking down the income models we hear about all the time (trading, donations, venue hire, partnerships) and frankly talking about what fits and what doesn’t.
If your organisation is stretched thin trying to chase every funding opportunity, or you’ve been told to “diversify your income” without any roadmap, this episode is for you.
KEY TAKEAWAY
- Income should fit your size, mission, and capacity; not just follow what others are doing.
- Trading income can offer freedom, but only if you know your breakeven point and have capacity to deliver.
- Individual donations require strong community relationships and admin systems to manage them well.
- Diversifying income doesn’t mean doing more—it means doing what works for you and doing it well.
BEST MOMENTS
"Just because something brings in income doesn’t mean it’s worth it. If it’s burning you out or pulling you off mission, it’s not a fit."
"You don’t need five income streams to be sustainable; you need one or two that are working really well."
"Don’t fall into the trap of trying to be a venue manager when your real work is with people."
ABOUT YOUR HOST
Aishat operates her own bookkeeping and accounting services practice –BAnC Services – which focuses primarily on serving non-profits. Before founding her practice, she dedicated over two decades to the non-profit sector.
With her podcast, Aishat shares practical insights and expertise to streamline financial management for non-profits, while also shining a light on the often unseen and unheard efforts that uphold the delivery of a non-profit’s mission.
She is the author of Money Solutions for Single Mums and Charity Finance from A to Z – a practical guide designed to demystify finance for those working in the charity sector.
Beyond her professional endeavours with non-profits, Aishat is deeply committed to supporting single mothers in navigating financial challenges and champions financial literacy among young Black adults. She thrives in conversations about money, empowerment, and purposeful work.
Work with Aishat: www.bancservices.co.uk
CONNECT
TikTok