Local charities have a big impact on their communities. These grassroots groups are embedded in their communities, having an intimate understanding of local issues and tailoring their efforts to address specific community needs. They are trusted by local people and can get to the root of problems more effectively, fostering genuine, long-term change. Despite this, local charities frequently receive less attention and funding than their national counterparts, which often capture the lion's share of public and corporate support.
Each year, we work with over 500 local charities. As a Community Foundation, our role within Norfolk is to ensure that these grassroots groups receive the vital funding they need to make a difference in individuals' lives.
We understand the crucial roles which local charities play and are pleased that The Centre for Social Justice is drawing attention to the funding challenges facing small charities. Their new report, ‘Underfunded and Overlooked’, highlights some concerning statistics that resonate with our experiences:
📈Post-pandemic, average expenditure for small charities has increased by nearly 12%, while income has only risen by 3%.
📌75% of the sector’s total income is received by just 1% of charities, with London-based charities receiving up to eight times more public funding than those elsewhere.
🪙85% of all charitable income in England and Wales is concentrated in just 4% of registered charities.
🪣The 10 largest charities spend more on fundraising alone (£243 million) than the combined total income of over 75,000 smaller charities.
At Norfolk Community Foundation, we are committed to helping small charities overcome these funding challenges. We want to ensure local charities have the support they need to continue their invaluable work. Thank you to everyone who supports our mission and helps make a difference in Norfolk.
#ShineBrighter #Norfolk #Charity
🚨Since Covid, the cash divide between the Davids and Goliaths of the voluntary world has widened markedly.
📈The big charities up by £4.5 billion
📉While grassroots organisations have suffered revenue falls of £4.6 billion
📚Read our report👇
https://lnkd.in/eC5WsS3N
Thank you so much for supporting! It was great to see you 🙏