The UK's flatlining economy is having a devastating effect on charities, according to research that suggests that two out of five face closure, with many set to disappear as early as next year unless things improve. A poll commissioned by the Charities Aid Foundation confirms that public spending cutbacks and falling donations are conspiring to devastating effect. The foundation warns that as many as one in six charities believe they may close in the coming year, while nearly half say they are being forced to dip into reserves. One in three say they fear being forced to cut services. The figures will make gloomy reading in Downing Street, which believes the third sector has a vital role to play in delivering the prime minister's vision for his 'big society'. The funding crisis comes as charities report that there is more demand for their services.

Pray: for charities and their supporters that they may be able to continue to do their good work. (Ro.2:7)

More: http://www.guardian.co.uk/society/2012/dec/09/one-in-six-charities-close