Friday, July 07, 2006

Money Matters

If you ever had doubts about the scale of the UK Charity sector, this report on Charity Trends 2005 should dispel all queries.

In 2004, charities earned about £35bn. Yes, you read right.

From www.cafonline.org
"...Most charities are small, with an annual income of £10,000 or less. The majority of donations, however, are made to a few large charities. 90% of the £35bn total goes to just over 7% of all charities in existence.

The income gap between large and small charities is huge. In 2003/04 the top ten charities received almost a quarter of all voluntary income, getting £1.5bn between them...."

The biggest donors, surprisingly are individuals in the UK just like you and me. In 2004, we gave a staggering £8.2 bn to causes. This beats a paltry 900m from companies, £252m from Lottery money and about £1.5bn from legacies.

Cancer Research UK was the most popular charity, earning £306m followed by
The National Trust £144m
Oxfam £134m
British Heart Foundation £119m
Royal National Lifeboat Institution (RNLI) £91m
Salvation Army £91m
Macmillan Cancer Relief £84m
NSPCC £82m
RSPCA £76m
Save the Children (UK) £70m

The next time you're giving a donation, think of these numbers.

For more on the Charity Trends 2005, read
http://society.guardian.co.uk/charityfinance/story/0,,1516484,00.html

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