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Community Development Alliance Scotland

Scotland’s Third Sector Fails to Grow

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 Scotland’s third sector is failing to grow. New figures from SCVO show that only 53% of Scottish charities saw their turnover go up last year and the average increase was far below inflation at just 0.0001%. The majority of the growth was recorded by organisations with an annual turnover over £500,000 and smaller charities recorded an overall reduction in turnover. Only 1% of people working in the sector believe the economy of the whole sector will improve and only 12% believe their own charity’s finances will improve.

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