# Trading places

- Link: https://fundraising.co.uk/1998/05/04/trading-places/
- Published: 1998-05-04T23:00:00+01:00
- Author: Howard Lake

The Barclays/NGO Finance Charity 100 Index reports that charities which compete 
head on with the private sector in commercial trading are reaping big rewards. Net
income from trading for the UK’s largest charities, is now well over £100 million
a year and has more than doubled since 1992, including a sharp rise in the latest
year of more than 18 per cent.
The Charity 100 Index, sponsored by Barclays Global
Investors, shows that trading is growing faster than any other income stream. While
the Index for total income has only just passed the 1,500 mark, the trading income
sub index now stands at 2,069, a gain of 320 points over the last year.

Andrew Cornwell, editor of NGO Finance, said “Despite this rapid rise, trading still
provides only 3% of total income for the Charity 100 Index – but it is especially
valuable to charities because they are not usually restricted in how they use the
profits”.

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