The Creeslough Community Support Fund has so far raised €1.6 million, The Irish Red Cross confirmed.
Of this amount, €420,000 has been distributed through the charity’s local volunteers.
The fund was set up in conjunction with An Post and Applegreen following the October 7 explosion that claimed ten lives and devastated a community.
Survivors who lived in the apartments at the Applegreen complex were left homeless.
Some of the money raised has been used to support rental of new property, clothes, household bills and furnishings.
Bereaved families were also assisted by the fund to cover expenses including loss of income, household bills, travel and education costs.
The charity said it is also ensuring a staff and volunteer presence on the ground, providing psychological first aid and empathetic listening.
Ongoing liaising with community organisations has been taking place and an oversight committee has been set up to oversee future management of the fund.
The Creeslough community has requested the ongoing presence of the Irish Red Cross in the village.
In addition, more than €516,000 was raised via a GoFundMe page set up by Creeslough native, Gerard McFadden, who lives in Australia.