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Financial challenges biggest source of concern for Scottish charities
According to new research from the Scottish Third Sector Tracker, 70% of charities have cited financial obstacles as their biggest challenge, up significantly in just two years.
A third of organisations reported having made use of their financial reserves in the three months leading into April 2023, an increase compared to the same period in 2022. Almost half (44%) of the organisations using their financial reserves believed that this situation is unsustainable.
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