Premium
THE LEVEL OF RESERVES IN FUND‐RAISING CHARITIES
Author(s) -
Bird Peter
Publication year - 1985
Publication title -
financial accountability and management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.661
H-Index - 44
eISSN - 1468-0408
pISSN - 0267-4424
DOI - 10.1111/j.1468-0408.1985.tb00251.x
Subject(s) - raising (metalworking) , fund raising , business , accounting , financial system , finance , economics , economic growth , geometry , mathematics , higher education
Sources of financial resources are considered as one possible classification scheme for non‐business organisations. Under this scheme, fund‐raising charities are distinguished by their dependence on donation and grant income. Donors are more willing to give for direct charitable service than for ‘back‐up’ use such as administration and reserves. The level of reserves of the 50 largest fund‐raising charities relative to their revenue expenditure is shown to have a wide dispersion, but with clustering of charities engaged in certain types of operations.