Background
Charities and volunteers are stepping up to help communities deal with the devastating impact of the coronavirus. Their specialist knowledge and expertise will help people in need to respond and adapt to the impact of coronavirus – either directly by supporting the health and social care system or indirectly by supporting those affected by the enormous socio-economic consequences.
However, charities are facing imminent collapse as fundraising income dries up. Charities are experiencing significant financial and service delivery pressures because of coronavirus. Our latest information suggests that charities will have lost out on around £4bn worth of income in the 12 weeks since the start of this crisis. In particular charities are losing out on income because of the cancellation of fundraising events, a loss of trading income, and lower investment income.
About NCVO
The National Council for Voluntary Organisations (NCVO) is the largest membership organisation for the voluntary sector in England. With over 15,000 members, NCVO represents all types of organisations, from large ‘household name’ charities to small voluntary and community groups involved at the local level. We are also the lead body for volunteering in England.