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Grenada Community Development Agency (GRENCODA)GRENCODA's Annual Budget
 

GRENCODA'S annual budget is covered primarily through funding from international development organizations, churches, United Nations agencies and private individuals. The local private sector contributes approximately EC$60,000.00 (US$22,473.00) in cash. Goods and services on the average is in the EC$50,000.00region.

The agency operates on an annual budget of EC$600,000.00 (US$224,720.00) representing, EC$428,746.00- Programme and EC$171,245.00 -Administration, generally allocated thus :-

Community Development, Moblilization & Service                           43.2%
Education and Training                                                                    29.3%

Small Business                                                                                16.6%

International Strengthening                                                               10.9%

 

 

The agency's current source of income is as follows:-

  • Local Fund Raising                 EC$120,000.00

  • Project Funding                      EC$150,000.00

  • Government Subvention          EC$  62,000.00

  • Friends of GRENCODA        EC$  10,000.00