NCVO Almanac 2023 highlights some worrying trends for the UK voluntary sector
NCVO releases an annual Almac, the definitive publication on the state of the voluntary sector. The 2023 publication showed some worrying trends.
- For the first time in a decade, overall sector income declined
- Difficulties for small organisations highlight the uneven impact of pandemic
- Overall volunteering levels remain lower than pre-pandemic
In terms of income generation, the Almanac identified that:
Voluntary sector income has been increasing year on year since 2012/13, but the impact of the pandemic has resulted in the first fall in overall sector income in almost a decade.
Despite an increase in government income – largely as a result of furlough and emergency funding for charities – overall sector income declined by a staggering £1.8bn (3.06%).
It fell from £58.7bn in 2019/20 to £56.9bn in 2020/21. Taking inflation into account, this represents a 6% decline in sector income.
The public remained the biggest income source (46% or £26.4bn) for the sector in 20/21.
However, there was a substantial decline in income from the public, going from £30bn in 19/20 to £26.4bn in 20/21.
For further information visit https://www.ncvo.org.uk/news-and-insights/news-index/three-key-insights-ncvo-almanac/
