Voluntary Sector Income Distribution (2020–21)

The voluntary sector income distribution for 2020-21 reveals intriguing insights into the funding landscape. The public emerges as the largest contributor, accounting for 46.57% of the total income. This significant reliance on public donations underscores the sector's dependence on individual and community support. Government funding follows, contributing 29.53%, highlighting the crucial role of state support in sustaining voluntary activities. Interestingly, the voluntary sector itself contributes 10.37%, indicating a level of self-sufficiency and internal resource generation. Investment income, at 7.91%, suggests a strategic approach to financial growth, while the private sector's contribution of 4.57% reflects a relatively modest engagement from businesses. The National Lottery, contributing 1.05%, plays a minor yet notable role in the funding mix. This distribution highlights the diverse funding sources that sustain the voluntary sector, with a heavy reliance on public and government support. The data suggests potential areas for growth, particularly in enhancing private sector engagement and investment income. Understanding these dynamics is crucial for strategic planning and ensuring the sector's resilience and sustainability in the face of economic challenges.

Creator
plotset team
Date
Views
26