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Kreston Charities Report 2024

We are delighted to share with you the Kreston UK Charities Report 2024.

This report, based on a survey of more than 80 UK charities, explores the financial outlook of the third sector, the challenges and risks being faced, and attitudes surrounding key topics such as diversity, recruitment, digitisation and sustainability.

Despite the cost of living crisis, almost half of the charities surveyed have a positive financial outlook.  However, pressures still remain on income streams and, whether its wages, energy, insurance or rent, charities are facing huge challenges when it comes to rising costs.  81% of charities have seen wages increase during the last 12 months and  78% have seen insurance costs increase.

Recruitment and retention of staff continues to be a challenge with 29% of charities believing this has become harder in the last year.

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Kreston Charities Report