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Contract care charities see rapid income growth

Contract care charities see rapid income growth

UK charities that provide care services under contract to statutory authorities appear to be seeing a rapid growth in income.

The Barclays/NGO Finance Charity 100 Index Panel announced in January the results of its annual review of the membership of the Index. The Index, which systematically charts the income of the top 100 UK charities, was launched in December 1996. Five new charities will be included in the Charity 100 Index for 1998 and all five provide significant care services to health and local authorities.

Calculated quarterly, the Charity 100 Index is the most reliable and frequently updated indicator with which charities can measure their performance against the sector as a whole and against indices for other sectors. The current total income of the 100 charities in the Charity 100 Index is just over £4 billion.

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 Research massive growth in giving.

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