Charities more positive about the future despite recession, Charity Commission finds

Economic Survey of Charities is the latest research to suggest confidence growing

Charities are increasingly positive about the future despite feeling the effects of the recession, the Charity Commission's latest Economic Survey of Charities has revealed.

Fifty-six per cent of the 1,001 charities polled said they were being affected by the downturn, up from 52 per cent when the last survey was carried out in March.

Since March, the perceptions of charities with annual incomes of £1m or more had undergone the greatest change: 83 per cent said they were affected, compared with 46 per cent in March.

But only one in three of the largest charities is worried about the coming six months, down from 64 per cent earlier in the year.

The increasing impact of the recession has also led to 52 per cent of charities taking steps to combat the effects of the recession, up by 20 percentage points.

Dame Suzi Leather, chair of the commission, said: "It is a testament to the resilience of the sector that many trustees are thinking positively about the future, but we would advise charities that hoping for the best should not prevent them from preparing for the worst."

The NCVO's latest Charity Forecast survey also found more optimism among charity chief executives and senior staff.

Paul Jarvis recommends

Charity Commission

Read more

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus