83 per cent of UK charities have an income of £100,000 or less. Analysis conducted by the Centre for Social Justice suggests a quarter of all charities with incomes below £1million have no reserves at all. It is these charities that work night and day with our most vulnerable individuals.
We understand the need for government to take action to combat the threat of Covid-19. There has been immediate action from the HM Treasury to support businesses and we are asking the Government to do the same for the small charitable sector by announcing a £400-500million hardship fund to ensure charities such as ours have a future beyond this crisis.
MPs from all sides of the House of Commons are supporting our plea for help and we are asking the Government to step in straight away.