Crunching the numbers from social sector organisations that have closed could help others to predict and prevent financial fragility. From salary spend to income type, financial benchmarking specialist MyCake suggests key questions to explore.
The sale of 166-year-old Clarity & Co. to a South African owner has secured all 85 jobs. Statement promises new company “will continue to operate as a social enterprise”.
The social investment intermediary Numbers for Good is to close by the end of March, citing 'difficult market conditions for advisory services in the sector' and 'continual pressure on the level of fee income'.
