The youth charity, which also runs early years settings, found that the funding rate for 2023/24 is increasing by an average of just 3.2 per cent for three- and four-year-olds and by 4.4 per cent for two-year-olds.
Many councils, however, will see an even smaller increase - just under half received a funding increase of only two per cent or less for two-year-olds, and a third had an increase of the same amount for three- and four-year-olds.
YMCA says this leaves providers facing a funding shortfall of as much as seven per cent when considering double digit inflation over the last year and a 9.7 per cent rise in the National Living Wage.
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