NSPCC income falls by £12.9m this year, according to annual report

Children's charity cites fall in revenue from fundraising events and statutory sources as the main reasons for an 8.7 per cent drop

NSPCC annual report
NSPCC annual report

The income  of the NSPCC fell by £12.9m in the last financial year, its latest accounts show.

The children's charity’s annual report shows its income fell to £135.7m in 2011/12 from £148.6m in 2010/11 - a drop of 8.7 per cent.

The latest figure is £18.9m lower than in 2009/10, when it had an income of £154.6m.

A spokesman for the charity said more than half of the decrease since 2009 was as a direct result of the reduced grants for its helplines from the Department for Education.

"The NSPCC, like most charities, has been weathering a tough economic climate since 2008," he said. "Last year’s total income was lower than the previous year, mainly due to a reduction in overall income from fundraising events and statutory sources."

Income from fundraising events, sales of goods, sponsorship and promotional activity fell by £3.7m to £7.8m. The report said this was because the previous year included some "hugely successful" events that were not repeated. Corporate partnerships have also suffered due to difficult trading conditions, it said.

Funding from local authorities and government fell to £11.1m, down from £17.1m in 2010/11. Voluntary income, including that from monthly donations, fell £2.5m to £114.4m.

Legacy income remained the same as last year at £20.1m. The charity also saw income from community fundraising increase by £700,000 to £8.1m.

The spokesman said that despite the reduction in funds raised, the NSPCC opened 40 new centres in 2011/12 and its services are reaching 30 per cent more children.

Earlier this month, Andrew Flanagan, chief executive of the NSPCC, announced that he would stand down in March for personal reasons.

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