Tag: charities

I had occasion to look through the recent accounts of a sample of UK charities yesterday and was quite surprised to find that:

• some charities (e.g. Blind Veterans UK and NSPCC) still seem to be exposed to significant financial risk from their defined benefit (DB) pension plans. (See the chart above – the three charities at the end don’t seem to have DB pension plans or have immunised themselves against this risk).
• the cost of raising funds seems to vary quite a lot across the charities I looked at, ranging from almost a quarter (24%) of income (Woodland Trust), to about a fifth of that (5%, Barnados). (See chart below).

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