Charity leaders ”hold concerns”

Posted in News on the January 27th, 2009

Those working in the third sector are worried about their organisation’’s future.

More than two-fifths (43 per cent) of leaders for charity and voluntary bodies believe their own institution’’s financial situations will get worse over the next 12 months, while 83 per cent of those questioned think the overall economic conditions are set to decline further.

The research, released by the National Council of Voluntary Organisations (NCVO), in its Charity Forecast Survey, also indicated that for the first time since the research began in March 2008, the number of leaders who are negative about their organisation’’s prospects outranks those feeling positive.

However, the majority of those questioned claim they are looking to increase the number of employees during the next three months.

"It’’s too early to tell what effect the recession will have on the voluntary sector but we anticipate a very mixed picture," Stuart Etherington, chief executive of the NCVO, says.

He adds that charities should be taking steps to diversify their sources of income, comments that could interest those wishing to improve sustainable efficiencies.

Speaking in November, Mr Etherington pointed out that those charities which collaborate well with partners have a better chance of managing through the financial crisis.

More about sustainable efficiencies.ADNFCR-1923-ID-18993778-ADNFCR

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