Two-fifths of charities and community groups report worsening financial situation, reveals survey

About The Authors

18th November 2020 17:48 - Voluntary

Two-fifths of charities and community groups report worsening financial situation: A survey of charities and voluntary sector organisations has revealed insight into how Covid-19 has impacted the sector, with 39% reporting a deteriorating financial situation. 

The research, a collaboration between Nottingham Trent University, the National Council for Voluntary Organizations (NCVO) and Sheffield Hallam University is just one part of a major new research project—Respond, Recover, Reset: The Voluntary Sector and COVID-19.

The Barometer survey is the largest survey of its kind and reveals the devastating impact of the coronavirus pandemic. Since the crisis began, nine out of 10 charities (92%) said they have seen an increase in delivering their services online.

It revealed that while 39% of voluntary organisations said their financial position had deteriorated over the last month, the same percentage (39%) said it had 'stayed the same', while 20% reported an improvement. 

Looking towards next month, 34% of the 700 organisations polled in September expect their financial position to deteriorate, while more than half (53%) predict it will stay the same. Just 13% are expecting their financial position to improve. 

The research also found that more than half the organisations surveyed (56%) are expecting to see a surge in demand for their services over the next month in response to Covid-19 lockdowns and unemployment figures continuing to climb.

Looking to next year, many organisations fear that the disruption caused by the pandemic will continue, with 80% forecasting that the situation will have a negative impact on their ability to deliver their objectives. Almost one in 10 (9%) said they expect 'no impact' from Covid-19, while 11% believe it will have a positive impact for them.

For 10%, the situation is so dire that they predict they'll have no option but to close their doors permanently. 

Daniel King, a professor at Nottingham Trent University and project lead said:

“The voluntary sector includes thousands of passionate volunteers, staff and organizations, and we hope our research will continue to provide examples of best practice for others to follow."



Sign up for free insights from your sector…

Support Us...

We hope that you have found this article useful. This section is freely available for all to use. Please help support it by liking us or following us on our social media platforms:

Share this article...


For updated Voluntary insights please follow us on @DJS_Voluntary or use our RSS feed

Other Voluntary Research Findings

Other Latest Market Research Insights

© DJS Research 2021