The Chartered Institute of Fundraising recorded a deficit of almost £200,000 as its income dropped by more than £400,000 last year, latest figures show.
The membership body’s accounts for the year to the end of December 2025 show it had an income of £4.4m, down from £4.8m in the previous 12 months.
Spending dropped by £406,000 year on year to £4.6m, but the charity recorded a deficit of almost £187,000 in 2025, down slightly from £189,000 in the previous year.
“The continued financial pressure on charities, driven by a higher demand for services and the increased cost of living, led to a fall in our annual income, which was offset by managing our expenditure,” the accounts say.
The accounts show that total staff costs rose slightly year on year to slightly more than £2m in 2025.
Third Sector revealed earlier this month that the membership body had offered staff the opportunity to apply for voluntary redundancy and reduced hours as part of moves to save £200,000 a year.
The charity, which has a workforce of about 40, might also need to make compulsory redundancies as part of the restructure, but numbers are yet to be determined.
It also revealed earlier this year that its fundraising convention would turn into two one-day events catering for different audiences, after 25 years of holding an annual event over two or three days.
A Chartered Institute of Fundraising spokesperson said: “Like many other charities, we are operating in an increasingly challenging external environment, which includes rising costs to deliver impact and value for our members.
“We are exploring how best we can align our organisation with our 10-year strategy and strengthen our financial sustainability for the future.”