Charity sector faces a £4.6bn income shortfall, says NCVO report: "Cuts in government funding will leave the charity sector facing a £4.6bn hole in its finances by 2018/19, according to a report published today by NCVO.
NCVO's report, A financial sustainability review: Change and adaption in the voluntary sector as the economy falters, says that the sector will struggle to maintain the spending levels seen in 2012/13 while it faces government cuts to contracts and grants, "tepid" growth in donations from the public and the impact of inflation. "
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