Survey shows a potential 27% shortfall in income for voluntary organisations
A survey of voluntary organisations in Kent and Medway suggests that the sector could be facing a 27% drop in income, despite emergency funding
We asked organisations to tell us what their anticipated income for the financial year had been, how much of that was unachievable and how much, if any, emergency funding they had received in order to 'plug' that gap.
The results showed that despite emergency funding - accessed by 62% of survey participants - there was still a forecasted 27% shortfall in income.
As the estimated combined income for the sector in Kent and Medway (just registered charities) is £500m, that means there is a potential loss of £135m.
See the image below for more information on the questions we asked and the responses given.