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The voice of Scotland’s vibrant voluntary sector

Published by Scottish Council for Voluntary Organisations

TFN is published by the Scottish Council for Voluntary Organisations, Mansfield Traquair Centre, 15 Mansfield Place, Edinburgh, EH3 6BB. The Scottish Council for Voluntary Organisations (SCVO) is a Scottish Charitable Incorporated Organisation. Registration number SC003558.

Salvation Army posts record income

This news post is over 8 years old

​Salvation Army posts year-on-year growth as annual accounts are published

Income generated by the Salvation Army has risen 8% in the last year – to produce the charity’s best ever financial results.

The faith-based group posted a record £196 million in the year to March 20124 in its annual reports, marking the fifth consecutive year of growth for the charity.

Biggest area of growth was trading activities which generated £67.2m – up from £65.3m the previous year.

Donations totalled £43.2m in 2014 – a rise of 8% from the previous year, while member donations rose from £19.4m in 2013 to £20.8m last year.

“Fifty eight per cent of the charity’s income is voluntary and despite this difficult economic climate this has held up well,” the report said.

The charity has two wholly owned trading subsidiaries - the Salvation Army General Insurance Corporation Limited (Sagic), which specialises in property insurance, and the Salvation Army Trading Company Limited (Satcol) which trades second hand clothes and publishing.

It specialises in providing Christian activities as well as social services such as drop in centres, youth clubs, debt advice and emergency food parcels. Its website says it “exists to save souls, grow saints and serve suffering humanity”.

The Salvation Army employs 2,279 full time staff with one employee working for a subsidiary taking home a salary of between £140,000 and £150,000.



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over 8 years ago
It’s easy to make money on the back of slave labour! #WorkFair #SlaveTrade