Navigating Change – an analysis of financial trends for small and medium sized charities
The past several years have been ones of financial upheaval, encompassing both the global financial crisis in 2007 and 2008 and cuts to public service spending under the Coalition government from 2010. Ongoing reductions in public spending have affected the voluntary sector as a whole; the most recent UK Civil Society Almanac showed that it lost £1.9bn from government between 2009/10 and 2012/13.