COVID-19 and Impact on Charities
The Institute of Fundraising in partnership with the Charity Finance Group and National Council for Voluntary Organisations have conducted research on the impact of the crisis on over 500 charities surveyed with the following findings:
- Charities are reporting a projected loss of 48% to their voluntary income, and a third wiped off from their total income.
- 52% of charities have reduced existing or previous levels of service, with a further 12% intending to in the future.
- 83% say that the most important thing for their organisation’s sustainability over the coming 3 to 6 months is access to emergency grant funding.
- 84% of charities think their organisation could play a role in responding to the coronavirus outbreak, with the majority saying that government funding was needed to help them to do so.
- 91% of charities surveyed have already or expect to have their cash flow disrupted, with 62% indicating that these would result in reduced charitable activity.
- Eight of ten small charities (80%) have had to alter or drop services.
- Only one in five (20%) small charities are able to provide normal services because of the pandemic.
- One in ten small charities expect to make redundancies.
- Less than four in ten (37%) had set up remote working.
Looking specifically at London-based charities, London Plus released research which highlights (lowlights!):
- Four in five charities are impacted by the coronavirus.
- 43% said they have had staff absences due to coronavirus.
- 59% of respondents agreed coronavirus has had a notable impact upon the sector.
[Article from Institute of Fundraising, 20.4.20]