# Little more than half of charities saw income increase in 2018, report shows - Link: https://fundraising.co.uk/2019/08/14/little-more-half-charities-income-increase-2018-report-shows/ - Published: 2019-08-14T08:48:02+01:00 - Author: Melanie May **Just over half of charities across England and Wales (53.3%) increased their income in the last financial year, according to the latest Charity Financials Income Spotlight report, with overall income growth up 5.8% to £4.3 billion.** 46.7% of charities in England and Wales saw income decrease, while two fifths of all revenue generated came from the capital. This year, the 2019 [Charity Financials Income Spotlight](https://secure.charityfinancials.com/library/?pitem=income-spotlight-report-2019) report looks at income by location for the first time and shows that nearly 21,000 charitable organisations are located or registered in London, which holds 40% of the revenue generated in 2017-18. 17% more came from the South East and 12% from Anglia and Eastern. ## Advertisement [⌊Posthub advert. You create the campaign. We'll handle the postal journey. Get started at post-hub.co.uk.⌉](https://fundraising.co.uk/ads/posthub-20261007-300x250/) London charities also made the most annual gains, increasing their annual revenue by £2.2bn, while charities in the South East, the Midlands and the North West increased their income by nearly half a billion in the latest year. Wales was the only region to see a decrease in annual income. In percentage terms London charities grew their income by 8%, the Midlands 10% and the North West by 11% over the latest financial year, while Welsh charities saw a 2% decline in revenue. Overall, just 7.3% of charities in England and Wales have an income greater than £500k, while small organisations with an annual income of £100k or less account for 71% of charities and generate 3% of the total income. Organisations with an annual income of over £50 million make up just 0.1% of the charity population yet generate over a third of the total income; 36.7%. In fact, the number of charities with income over £50m continues to increase with these driving much of the sector’s growth. In 2018, these organisations increased annual income by £2.9bn, representing 68.5% of the total annual change. The report also reveals that: * 157,995 organisations reported their income in 2018 * 92.7% of charities have income less than £500k * 52% of income is from charitable activity, 30% from voluntary sources, 9% from trading subsidiaries, and 5% from investments * Total income for charities across England and Wales has grown by more than 75% in the last decade. The [Charity Financials Income Spotlight report](https://secure.charityfinancials.com/library/?pitem=income-spotlight-report-2019) is published by Charity Financials, a branch of Wilmington Charities, in partnership with Charles Stanley Investments. * **[New book offers help on achieving Sustainable Development Goals](https://fundraising.co.uk/2019/09/16/new-book-offers-help-acheiving-sustainable-development-goals/)**( 16 September 2019) * **[Half of charities fear funding levels will be inadequate for meeting 2020 objectives](https://fundraising.co.uk/2019/09/26/half-of-charities-fear-funding-levels-will-be-inadequate-for-meeting-2020-objectives/)**( 26 September 2019) * **[Thomas Cook Children’s Charity issues statement](https://fundraising.co.uk/2019/09/27/thomas-cook-childrens-charity-issues-statement/)**( 27 September 2019) ![Loading](https://fundraising.co.uk/wp-content/plugins/page-views-count/ajax-loader- 2x.gif)