2018/2019 : marked fall in both voluntary and earned income

All of the data within the Top 100 Fundraising Charities Spotlight report draws on the Charity Financials database of annual charity statistics extracted from UK-registered charities’ annual reports and accounts.
The 2018/19 results indicate a marked fall in both voluntary fundraised and earned income amongst the top 100 in 2018/19. The annual growth rate for income overall was negative.

Legacies
The results show how legacy income has come to the rescue for many in 2018/19, but although this is very much welcomed, the findings should also sound a warning bell.
Legacies are principally the expression of past goodwill and wealth. Relying on legacies may not be a sustainable strategy in a period of faltering global growth, with the effects of the COVID-19 crisis difficult to predict.

Main trends

Source
Charity Financials report 'Top 100 Fundraising Charities Spotlight'
Author: Cathy Pharoah, Centre for Giving and Philanthropy, Cass Business School.
This report can be downloaded on the Charity Financials website.