< 1 min read
July 26, 2013
Famed UK charity Oxfam finds itself with nearly $28m decrease in 2012 income; plus, shop traffic is down and so is quality of donated items.
Oxfam’s overall income fell by almost £18 million last year with both its shops and fundraising events hit by pressures on family finances, its chair said today. The charity’s annual report highlighted a decline in donations as retailers reported their net income had fallen 9.9 per cent to £20.1 million while fundraising fell 5.6 per cent to 267.8 million." -- Paul Gallagher, the Independent