Cancer Research UK
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Charity shops have defied the recession and increased their profits by 4.1 per cent in the past year, according to the Charity Shops Survey 2009. While the gross income of the 69 shop chains in the sample fell by 3.1 per cent to £526.1m, their costs fell even further, by 4.9 per cent to £414.6m, leaving a collective profit of £111.5m.
Charity shops have defied the recession and increased their profits by 4.1 per cent in the past year. While the gross income of the 5,035 charity shops in the sample fell by 3.1 per cent to £526.1m, their costs fell even further, by 4.9 per cent to £414.6m, leaving a collective profit of £111.5m. Charity shops have now increased their profits for four years running, and in eight of the last 11.
Charity shops have defied the recession and increased their profits by 4.1 per cent, according to the Charity Shops Survey 2009, which is sponsored by accountants BDO Stoy Hayward.
Big Society indeed. Big bucks for the big players and let the rest of us, operating diligently and frugally, eat dust. I hope this story keeps its legs and congratulate those who continue to dig.
Spotting trends in major charities is a good indicator of what may be happening elsewhere. Using the latest Charity Market Monitor report, Cathy Pharoah assesses the current state of play.
Cancer Research UK is to launch a TV ad campaign featuring genuine patients and survivors of cancer for the first time. The 'Bad day' campaign (pictured) features 38 actual cancer sufferers and highlights both their day-to-day struggle and the positive progress made by the organisation. It will launch on Sunday 12 July and air for seven weeks. It will be supported by a new website www.thousandsbeatcancer.org, as well as radio coverage.
With an ambitious fundraising target of £250,000 in 12 months, Cancer Research UK's latest corporate partner began by challenging its own directors, who managed an Rol of 87:1.