Wednesday, December 12, 2012

One in six charities think they might close in the coming year, survey finds

One in six charities think they might close in the coming year, survey finds: John Low, chief executive of the Charities Aid Foundation, says public spending cuts and increased demand for services is having a 'shocking' effect on many charities

One in six charities believe they could face closure in the coming year amid public spending cuts and falling donations, according to a new poll.

The online survey of 252 senior level charity workers, carried out between 18 September and 1 November and commissioned by the Charities Aid Foundation, also showed that nearly half of charities dipped into reserves over the past year to maintain their work.

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