Disability West Midlands is out of administration and free to fundraise again, but its committee says the Government needs to do more to help prevent other organisations from experiencing the same problems.
The 28-year-old disability charity went into administration in April.
Many staff were made redundant and several projects, such as a training programme for disabled people on welfare benefits, were closed.
Pete Millington, the new chief officer, said: "This time it was Disability West Midlands; next week it will be another cause under pressure. The Government needs to address how the sector is funded. We deliver professional services but don't re-ceive professional funding."