Sources of revenue Copy
Income sources for non profit institutions
Now compare the proportions of revenue by source for your own organisation to that of the charity sector as a whole.
Revenue by type of charity
Here is a breakdown of revenue by type of charity from which you can see that there is a large concentration of revenue in a few sectors with the education sector accounting for the majority.
Why do people give?
Activity
Think about your own charity and consider these three very important questions:
- Why do people give to your cause?
- What is it that you do that stimulates their support?
- Why do they give to you as opposed to another similar charity?
This last question is very important because although charities are by definition working for the common good, fundraising is competitive, so you need to know what it is that differentiates you from other similar charities.