Scotland's voluntary sector sees biggest income rise in five years
News

Scotland's voluntary sector sees biggest income rise in five years

Finance | Vibeka Mair | 29 Mar 2010

Scotland’s voluntary sector has seen a 4.3 per cent rise in income in the year to March 2009, according to data from the Scottish government.

The Scottish social economy turnover stood at £3.1bn as of March 2009 compared with £2.9bn in 2008.

The fortune of Scotland’s social economy has been recorded since 2004 and has seen mild fluctuation over the five years. This year’s increase is the highest yet.

Cabinet secretary for finance and sustainable growth John Swinney said: “It is very encouraging to see a real terms increase in social economy turnover in Scotland.

“It shows how increasingly important the voluntary sector is becoming to the Scottish economy. Enterprising voluntary sector organisations both help sustain employment in communities, provide effective service delivery and support some of the  most vulnerable people in society.”

Lucy McTernan, deputy chief executive of the Scottish Council for Voluntary Organisations said: “These figures appear to broadly support SCVO’s own research which shows that the voluntary sector’s income has grown over the last two years.

“However, what may not be immediately apparent is the even greater increase in demand for the services we provide and in the resources the sector has to spend to meet that demand.

“We look forward to continuing to work with the Scottish government in partnership to help us deliver high-quality services.”

The social economy in Scotland is defined as organisations operating in Scotland that are included on the Office for National Statistics' Inter-Departmental Business Register (IDBR) and have a legal status of 'non-profit-making bodies and mutual associations'.

  20042005 2006  2007 20082009 
Turnover (£m, real terms)  2,908 2,811 2,827 2,976 2,937 3,064
Turnover (£m, cash terms) 2,558 2,541 2,603 2,821 2,865 3,064
       



 

Share

Scotland's voluntary sector sees biggest income rise in five years

Place a comment

Comments

[Cancel] | Reply to:

NCVO calls for sector spending to remain 'neutral'

2 Sep 2010

NCVO has made its submission to the Treasury spending review, calling on the government to ensure the...

Graduate tax a 'disaster' for university fundraising

2 Sep 2010

The proposed ‘graduate tax’ on university alumni could have a devastating impact on the growing philanthropic...

Management change at Big Lottery Fund

1 Sep 2010

The Big Lottery Fund will see a shift in senior management by the end of the year, it has announced.

NCVO calls for sector spending to remain 'neutral'

2 Sep 2010

NCVO has made its submission to the Treasury spending review, calling on the government to ensure the...

Celebs join trustee awareness campaign

1 Sep 2010

Newsreader Jon Snow and cricketer Andrew Flintoff are among the names lending their support to the Charity...

Bubb chides his members after Newsnight chugging fiasco

1 Sep 2010

Acevo chief executive Stephen Bubb has written a stern letter to the CEOs of the top 50 fundraising charities...

Online bullying specialist given closure reprieve

1 Sep 2010

Bullying UK will continue “for the next couple of months” after finding a number of potential funders...

Organisations' websites and social networks to fall under ASA rules

1 Sep 2010

Marketing messages on organisations’ own websites and non-paid-for material on social networks will...

Oxfam and Shelter share search marketing experience

24 Aug 2010

The Internet Advertising Bureau has teamed up with Oxfam and Shelter to offer a search marketing toolkit...