A third of charities have no reserves, according to NCVO
Monday 6 September 2010
Research from umbrella body also finds that median reserves level for charities that get state funding is a month's expenditure
One in three charities has no reserves to draw on, according to figures published today by the NCVO.
>> http://www.thirdsector.co.uk/News/FinanceBulletin/1020812/third-charities-no-reserves-according-NCVO/E9223116122DD6CD477B2868E05413C1/?DCMP=EMC-FinanceBulletin
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