- Year of publication
Briefing on public sector income sources coming into the third sector, based on the detailed analysis of a selected sample of 800 charity accounts and reports for the financial year 2012-13.
Cuts to public sector budgets have started to have a real impact on third sector finances, with public sector funding dropping from £1.87billion in 2010 to £1.68billion in 2013 – a 10% cut in cash terms. Taking inflation into account, this is a reduction in real terms of £376m and a cut of 18%.
The public sector now only accounts for a third (34%) of the sector’s funds, down from 42% in 2010 - the lowest level for over a decade.
The 500 largest organisations in Scotland receive twice as much public sector funding as all the small and medium-sized organisations put together.
69% of third sector organisations in Scotland receive no money from the public sector.