Interesting statistics from the Charity Commission:
- 57% of charities earn less than £10,000 a year
- 29% of charities earn between £10,000 and £100,000 a year
- 6% of charities earn between £100,000 and £250,000 a year
- 5% of charities earn between £250,000 and £1 million a year
- 2% of charities earn between £1 million and £5 million a year
- 1% of charities earn more than £5 million a year
In other words, the majority of charities get less than £830 a month. And 86% of charities (the vast majority of the 168,000 charities registered in the UK) earn less than £100,000 a year.
This surprises me – and makes me look at Solent Youth Action a little differently. I always describe SYA to people as a small charity. But we earn over £200,000 a year. So, relatively speaking, that means we’re not a small charity. We’re actually in the top 14% of the wealthiest charities in UK. Eeek…. scary thought 🙂