Comment on Charity Commission finding that most charities are optimistic about the future

Optimism18 September 2009

The Charity Commission’s Third Economic Survey of Charities has revealed that despite a slight increase in the number of charities being affected by the recession (56% now, compared with 52% at the beginning of the year), over two thirds (71%) of the charities surveyed by the Commission said that they felt optimistic about the outlook for the next six months.

Commenting on the findings published today, John Low Chief Executive of the Charities Aid Foundation said: “Charities tend to be optimistic due to their entrepreneurial nature. However they usually feel the worst impacts of a downturn some months after it starts and possibly as long as eighteen months later. This next year will be critical for many charities especially those helping the unemployed and people suffering financial stress.”


Notes to Editors

The Charities Aid Foundation is a charity set up to help other charities by working with donors, companies and charities to encourage and facilitate a culture of giving. They do this by offering products and services that make giving easier and tax efficient, and help charities to make the most of donations through banking and fundraising support services.

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Charities Aid Foundation
T: 0207 832 3012
E: mpursey@cafonline.org