Income at Prostate Cancer UK up by a third in two years

The charity's accounts for the year to 31 March show income of £27.5m, compared with £20.7m in 2016/17

PCUK (Photograph: Chris Dorney/Alamy)
PCUK (Photograph: Chris Dorney/Alamy)

Prostate Cancer UK has increased its income by about a third over the past two years, its latest accounts show.

The charity’s accounts for the year to 31 March 2019, filed with Companies House last week, show it had an income of £27.5m, compared with £20.7m in 2016/17 and £24.9m last year.

This means the figure has risen by more than 32 per cent in just two years.

Spending has also risen at the charity, up from £24.5m in 2016/17 to £24.7m in 2017/18 and £28.5m in the latest accounts.

Part of the reason for the increase in income is the increasing amount of money coming in from events, which hit £9.5m in 2018/19, compared with £6.7m the year before.

The rise in income also helped the charity increase the amount it awarded in research grants by almost £1m, to a total of £6.2m.

In her introduction to the annual report, Angela Culhane, chief executive of Prostate Cancer UK, said the charity had an increasingly positive image among the public, which had contributed to the rise in income.

"Our audience-led approach to engagement, and our commitment to communicating with people in ways that are most appropriate and interesting to them, means that this year we have ranked highest amongst UK charities for improving public perception," Culhane said.

"This has undoubtedly contributed to another fantastic year of income growth, which will allow us to invest in even more life-changing research in the years ahead, as we step boldly into the next phase of our strategic development."

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