Charities are less financially resilient than they were a year ago, the Charity Commission’s chief executive told MPs yesterday.
Helen Stephenson, chief executive of the Commission, was giving evidence to the Public Accounts Committee about the impact of Covid on the sector.
In response to a question about what impact the regulator was seeing on charities’ finances, Stephenson said: “We’re not seeing significant numbers of charities coming off the register as a result of closing, though it’s quite likely that would be delayed as we’re the last part of that process.
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