Third sector organisations are facing increased financial pressures heightened as demand for services maintains its sharp incline and reductions in government funding continue, according to new research.
Funding concerns and better terms and conditions elsewhere are key factors leading to employees leaving the third sector, creating skills shortages at a time of rising demand, a new report reveals.
Third sector leaders expect Northern Ireland to become more politically unstable over the next 12 months and believe action is needed to ensure decisions can be made in the absence of an Executive, a new report reveals.
Cash flow pressures, recruitment difficulties and uncertainty linked to Northern Ireland’s political situation are significantly impacting on the third sector’s ability to deliver key services, a new report reveals.
The latest Ulster Bank and CO3 3rd Sector Index is out today and it suggests that Northern Ireland’s third sector will shrink over the next three years.
The index shows that most third sector leaders (57%) expect the sector to shrink over the next three years, as funding and other pressures continue to impact on it. Continue reading
The political impasse has been hitting third sector organisations hard, a new report suggests.
The Ulster Bank & CO3 3rd Sector Index points to a near-doubling in the number of charities reporting a reduction in their government funding – from 17% last quarter to 32% now. Continue reading