Its survey of small charities in the children's sector found that the squeeze on lending and the economic downturn had forced more than a quarter to either cut jobs or plan to issue redundancy notices over the coming year.
A total of 125 organisations with an annual income of less than £250,000 took part in the survey in November. Forty per cent said that they were in a vulnerable funding position and could close if funding did not come through.
When the same question was asked in 2007, only one in 10 respondents said they were in this situation.
Those charities with more than £50,000 income are among the worst hit. Just over half of these said closure was a real fear, compared to one in three of the smallest organisations (see graph). They were also the most likely to cut jobs, with 43 per cent of larger organisations either already making redundancies or anticipating having to over the coming year.
Register Now to Continue Reading
Thank you for visiting Children & Young People Now and making use of our archive of more than 60,000 expert features, topics hubs, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's Included
-
Free access to 4 subscriber-only articles per month
-
Email newsletter providing advice and guidance across the sector
Already have an account? Sign in here
