The Ulster Bank & CO3 3rd Sector Index for Q4 2016 is released today.
It is a barometer of Northern Ireland’s third sector, involving a quarterly survey of CO3 members who include the leaders of some of Northern Ireland’s largest charities and social enterprises through to small community groups. Continue reading
- 75% say austerity biggest threat
- But 65% concerned about Brexit impact on organisation’s sustainability
- 86% say politicians not doing enough re Brexit
- Majority believe NI economy will deteriorate
The latest Ulster Bank & CO3 3rd Sector Index is released this morning. It is a survey of leaders of bodies such as social enterprises, charities, and community organisations.
Amongst its key findings are that:
- Almost one-third (29 percent) experienced a further decline in government funding
- A further 59 percent said that they experienced no change, which equates to a real-terms decline.
- One-in-four said their organisation is vulnerable to cash-flow issues
- 65 percent saw demand for their services increase
- 23 percent say their organisation increased headcount
A new survey of Third sector organisations has been launched today. Published by Ulster Bank & CO3, the survey reveals that Third sector organisations are confident about their prospects despite a challenging environment and significant decreases in government funding. Continue reading