Sue Ryder posts all-time high income of £106.4m

The charity's accounts for the year to 31 March show spending also increased in the year

The report and accounts
The report and accounts

Income at the care charity Sue Ryder reached an all-time high last year, the latest figures show.

The charity’s accounts for the year to 31 March 2019 show that income rose by almost £5m on the previous year to £106.4m.

The previous year’s income of £101.7m was the first time the charity had broken through the £100m barrier.

Total spending at the charity also increased, from £102.2m to £105.1m in 2018/19, the accounts show.

A spokesman for Sue Ryder confirmed the income was a record for the charity, which provides palliative, neurological and bereavement care.

"This increase in income can largely be attributed to last year’s strong growth within our retail operation, an increase in the sales of lottery tickets and a capital appeal to double the capacity of our Aberdeen-based specialist neurological care centre Sue Ryder Dee View Court," he said.

The accounts show the charity raised £60.9m through its retail arm, on a spend of £53.9m.

The charity bucked recent trends in the charity sector by recording increases in donations and other voluntary income by £2m to reach a total of £11.4m.

But legacy income also fell at Sue Ryder, from £6m in 2017/18 to £5.8m in the most recent accounts.

Research by Third Sector this year, based on the 155 biggest names in the charity sector, found that total fundraising income fell by £300m between 2018 and 2019, but legacy income increased by £100m during the same time period.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in