Weathering the storm: PBE Covid Charity Tracker (August 2020)
Pro Bono Economics have published the results of their Covid Charity Tracker survey for the period 3 to 7 August. The survey drew 455 responses from across the UK and beyond. Key findings include,
As a result of covid:
85% of charities expect a negative financial impact
70% think it will take more than a year for pre-Covid income levels to be restored
68% expect demand for their services to increase
58% of charities expect to scale back their provision
In response to Covid:
77% have made greater use of digital and tech, 67 per cent have innovated to deliver their services remotely and 31 per cent have collaborated more with charity sector partners
44% have applied for government’s emergency financial support, but only 20 per cent have the money in the bank
65% have furloughed staff
19% of all respondents have made redundancies, rising to 24 per cent among mid-sized and larger organisations
24% of all respondents expect to let more staff go once the Job Retention Scheme ends, rising to 30 per cent among mid-sized and larger organisations.
