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Coronavirus: Children’s charities threatened by major income drop

Public service work carried out by charities to support vulnerable children and families is under threat due to a massive drop in fundraising income caused by the coronavirus pandemic, a think tank has warned.
Charities offering support to vulnerable young people are at risk. Picture: Adobe Stock
Charities offering support to vulnerable young people are at risk. Picture: Adobe Stock

A survey by think tank New Philanthropy Capital (NPC) found that the majority of charities carrying out this work have to cross-subside contacts through donations and other revenue.

But with charities facing a substantial drop in income, due to cancelling fundraising events and closing their shops, many are set to struggle to maintain provision, the NPC research warns.

New research reveals charities and public services more vulnerable to COVID-19 crisis than currently understood #STOTS2020 https://t.co/ZTxzpjvtt5 pic.twitter.com/TCSP50Wm4X

It found that 54 per cent of charities surveyed deliver public services and more than half (59 per cent) of these are cross-subsiding contracts from other sources such as fundraising.

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