Mr Guy said at most the cold plunge pool would bring in more than £100,000 but that has now dropped significantly.
While contactless donations have risen to £2,504 in 2022/23 and £2,335 in 2023/24, total donations have dropped tenfold.
The charity has collected a total of £10,812 and £9,490 in donations during those years.
Mr Guy said: “It was originally designed as a cold water immersion plunge poll so historically not a wishing well.
“It’s slightly older than the Trevi fountain in Rome and it’s been there for 2,000 years and the primary concern of the council is to make sure it is still there in another 2,000 years time for future tourists to enjoy.”
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