NCVO income drops by more than a quarter

Annual report from the umbrella body talks of a year of 'significant upheaval'

NCVO
NCVO

The income of the National Council for Voluntary Organisations fell by more than a quarter in the year to March 2012, according to its annual report and accounts published this week.

Its income for the year fell by £2.75m, from £10.14m to £7.39m – a drop of 27 per cent.

The main reasons for the drop were a reduction in the infrastructure body’s core grant – from £1.09m to £500,000 – from the Cabinet Office, and the loss of all funding from Capacitybuilders, which in 2011 gave the NCVO £1.6m in four separate grants to supply advice, campaigning and support.

The NCVO ended the financial year with 88 employees, down from 115. The charity had initially cut a third of its staff, but numbers increased following mergers with the Third Sector European Network and Know How Non-Profit.

Membership also dropped, from 8,375 to 8,321.

In his introduction to the accounts, Martyn Lewis, chair of the NCVO, said: "This year has been one of significant upheaval for us, as for many in the sector, as we adjust to changes in our funding and build financial sustainability.

"We have, as always, endeavoured to be a strong voice for the sector, influencing debate on a number of important issues."

Lewis singled out the Give it Back George campaign, which led the government to abandon a proposal to cap tax relief on charitable donations, as one of NCVO’s notable successes of the year.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in
Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +

Latest Jobs

RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners

Markel

Expert Hub

Insurance advice from Markel

Managing risk at outdoor events

Managing risk at outdoor events

Partner Content: Presented By Markel

Voluntary and community events are increasingly popular, especially around this time of year.

Third Sector Logo

Get our bulletins. Read more articles. Join a growing community of Third Sector professionals

Register now