Many voluntary organisations in Greater Manchester are having to use their reserves in order to stay afloat amidst the public sector funding cuts, according to a new GMCVO survey.
The area where these cuts will impact the most, as cited by the respondents, is in organisations’ ability to deliver existing or increased levels of service delivery. Many respondents reported they expect a reduction in staff hours and in some cases loss of staff/volunteers within the next 12 months.
And the perceived risk of closure has doubled – from 13 per cent in 2009/10 to 26 per cent saying they expected to be at risk of closure post 2011.
The findings of the survey can be seen in the attachment below.
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