A third of charities with a turnover of $250,000 or less have less than three months of financial reserves remaining, according to a new survey. 

The findings, in the RESET 2020 National Support Program and Research Study, which is still open, show that 50 per cent of the organisations surveyed are suffering a loss of revenue, and 11 per cent needed immediate financial support.

The information gathered so far also shows that despite 44 per cent of charities experiencing increased demand for services during the coronavirus crisis, just 4 per cent report an increase to revenue.

You can read the full version of this story on the Pro Bono News website.