Despite the rhetoric surrounding the big society and the government’s desire to see a more mixed economy of local provision suited to the needs of communities, even large charities are feeling the force of local authority cutbacks and reduced donations.
The latest annual accounts for three of the biggest UK children’s charities – the NSPCC, Barnardo’s and Action For Children – have been filed with the Charities Commission in recent weeks. They reveal that all three charities recorded a loss in 2010/11, for the first time in five years.
Research by the National Council for Voluntary Organisations (NCVO) predicts that funding for all charities from both local and central government is set to fall by a total of £2.8bn over the next five years.
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