With the number of registered charities in the UK currently at around 160,000 and a combined income of iro £39 billion per annum, the range and scope is both large and diverse.
The charity sector in the UK has demonstrated resilience through the economic downturn and some charities have emerged stronger and with a clearer focus on their mission, priorities and funding mechanisms. Nevertheless, just keeping going is not enough at a time when running costs are rising, government funding is being reduced and grants and donations are, in some areas, falling.
Some charities are fighting to stay afloat as they struggle to raise money and many have dipped into their reserves to cover income shortfalls. These financial worries come at a time when overall level of trust and confidence in some charities has fallen and demands for their services continue to grow.
Trying to stand out from the crowd in this setting of uncertainty is a challenge. Now more than ever, there is scrutiny on how charities are run and managed and a need to be able to demonstrate how efficiently they spend monies that are fundraised, donated or funded by government or other partners. Furthermore supporters and donors want to know that a reasonable proportion of their donations make it to the end cause.
Our expertise in business transformation can help charities to: