Income to army charities falls after ‘admirable performance’ during recession

first_imgIncome to army charities falls after ‘admirable performance’ during recession Howard Lake | 24 April 2014 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Advertisement Having achieved double-digit growth during some of the worst years of the economic downturn, income to charities that support British soldiers fell by 4.2 per cent last year.Data released by Charity Financials shows that combined income for the 11 charities listed on the British Army’s website had a combined income of £296.4m in 2012/13, compared to £309.6m in 2011.12.Six of the 11 charities have seen a drop income with Help for Heroes being the biggest losers (down by £6m), followed by ABF the Soldier’s Charity (£3.7 million) and the Royal British Legion (3.4 million).Charity Financials says older data shows that army charities “performed remarkably well during the recession. While most charities saw their incomes fall following the financial crisis and are only now recovering, the army charities experienced income rises of 13.8 per cent, 10.9 per cent and 9.7 per cent between 2008/09 and 2011/12.”Much of this growth was driven by the performance of Help for Heroes, which saw its income leap from £14.6 million in 2008/09 to £46.6 million in 2011/12. But even without the success of Help for Heroes, all the other army charities still recorded combined annual growth each year since 2005/06.Incomes for the 11 army charities are:Royal British Legion – £132.8mSSAFA – £50.4mHelp for Heroes – £40.6mBlind Veterans UK – £24.2mCombat Stress – £15.6mABF the Soldiers Charity – £13.2mSkill Force Development – £8.1mEarl Haig Fund Scotland – £5.1mBLESMA – £4.8m)uk4u – Thanks! – £0.3mScottish Veterans’ Residences – £0.3m. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  26 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more