While a fall in charitable donations during difficult economic times will certainly have posed a threat to a number of charities, reports suggest that many are adapting by becoming more self-sustainable.
Figures released by the National Council for Voluntary Organisations show that in 2010–11, more than half of the sector’s income was earned rather than given (£21.4bn was taken from trading compared with voluntary income of £14.7bn).
It is worth highlighting, however, that any charity thinking of following the trend by going down the trading route will need to proceed carefully to ensure that it acts within the boundaries set out by charity legislation…
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