Whilst partaking in a fundraisers favourite pastime recently (glass in hand enjoying the sunshine), a friend and fundraising colleague posed a question I had never been asked before. We had been putting the world to rights as so often happens at these sort of things, before the gem of a question appeared. “Why do you love small charities?” he asked me with the serious yet inquisitive face he does so well.
I collected my thoughts for a moment, and mulled through the data. The data that tells us that there are 164,108 registered charities in the UK with over £62.5 billion in income. 93% of these charities rely on less than £500,000 per annum, leaving a staggering 89% of the annual income attributed to the 7% largest charities. (more…)