# UK charity sector grows by 12%

- Link: https://fundraising.co.uk/2001/06/15/uk-charity-sector-grows-12/
- Published: 2001-06-15T23:00:00+01:00
- Author: Howard Lake

The UK charity sector has grown by 12% in one year, according to the _Top 3000 Charities
2001_, published by CaritasData.
The assets of the top 3,000 charities in the UK
have grown by 12%, from £58.7 billion in 1999 to £65.6 billion in 2000. These are
the findings of the _Dresdner RCM Global Investors Top 3000 Charities 2001_, published
by CaritasData. Some charities have enjoyed significant growth: the British Red 
Cross increased income from £24.7m to £37m and Save the Children Fund increased 
income from £30m to £35.1m.

Some of the figures, however, are misleading. The Victoria and Albert Museum for
example appears to have enjoyed a massive jump from £4.4m in 1999 to £183m in 2000.
However, this increase is down to an accounting change: it is simply the result 
of the transfer of the freehold of the V&A from government to the trustees.

Total income to the top 3,000 charities has grown, but by 4.4%, down from 8% the
previous year.

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