Wednesday, February 20, 2008
According to the Third Sector, a UK online focusing on nonprofits, civil society in the UK is in "rude" health, collecting 109 billion pounds annually. That's $216 billion in Oprah currency.
It paints a picture of a society in rude health, consisting of 865,000 organisations employing 1.35 million people and with combined assets of £196bn, 3 per cent of the UK asset base. This does not include the value of religious buildings or assets such as London's Tower Bridge, which cannot be sold. "Civil society organisations have a unique place in securing the nation's heritage, over and above their substantial asset base," the 120-page almanac says. The volume also suggests that the idea that charities develop out of need is a myth: they are more likely to be found in affluent areas, it says.
Rude health indeed.