Industry Analysis & Industry Trends
Performance of the broad and diverse Community Associations and Other Interest Groups industry has been mixed over the past five years. While some sectors of the industry have recorded declining income, the variety of organisations and groups that operate in the industry, from small and local clubs to large charities with international arms, has helped stabilise industry revenue. A steady rate of government funding has flowed through to the industry in the form of competitive grants and this has enabled many organisations to provide vital services. However, the unstable economic climate in the aftermath of the financial crisis has made fundraising tough. This is the main reason revenue is expected to climb more slowly over the five years through 2013-14 than it did prior to the crisis... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Industry value added (the market value of goods and services produced minus the cost of goods and services used in the production process) is expected to rise an annualised 1.8% over the 10 years through 2018-19. This compares with compound GDP growth of 2.5% per year. While the industry's growth rate is lower than that of the economy as a whole, this is mainly due to the particularly difficult fundraising environment over the past five years. Over the long term, it is expected that the industry's value added will return to growth rates in line with GDP.
Anaemic growth of establishment numbers partly reflects the growth in revenue at large, nationwide organisations at the expense of smaller groups... purchase to read more