NCVO’s UK Civil Society Almanac found that small and medium charities are losing money and struggling to withhold up with larger organisationsThe income of Britain’s biggest charities grew between 2012-13 and 2013-14,while that of smaller and medium sized charities declined or stayed the same, unusual research has found. The latest edition of the National Council for Voluntary Organisations (NCVO’s) annual research, and the UK Civil Society Almanac,showed that organisations with an annual income of more than £100m grew by 26% to have a joint income of £1.7bn. Charities with an income of £10m-100m saw a growth of 3.7% and those with below £1m a year saw falls in income between 0.7% and 3.6%.
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Source: theguardian.com