“Clothes Aid is a social business which collects clothes door-to-door across the country, to raise money for a range of UK charities. Clothes are weighed and then sold in shops in nearby countries to raise money for UK charities back home”.
“Clothes Aid can give your clothes a second chance, help reduce environmental damage and raise money for the causes you care about, all without costing you a penny. Each year Clothes Aid guarantees £1.4 million for UK charities through the sale of donated clothes”.
Last week, the British Heart Foundation spoke out against certain organizations who prevaricate that they’re working for charity but in reality only donate a pittance of the money raised from clothes sales retaining the majority of the revenue in the guise of paying their ‘operating costs’.
Clothes Aid backed the claims from the BHF and confirmed to a BBC Radio 4 audience that it donates a massive 90% of its profits.
Their website states:-
“Clothes Aid was involved in various press comments following a British Heart Foundation survey released on 31 August which stated that: “New research by British Heart Foundation shops shows that as little as a third (30%) of items donated to charity via letterbox charity bags stand a chance of ending up in charity shops”.
"The British Heart Foundation findings, launched in advance of a major fundraising drive this month, also assert that in some cases as little as 5% is paid to a charity who is working with a commercial company”.
How strange that Clothes Aid shouts so loudly against the low life bogus operators when their own (ex) Operations and Business Development Manager Celine Rich-Darley states on her Linked-in site that Clothes Aid has an annual turnover of £23 Million across ten franchises.
£1.4 Million is only 6% of £23 Million – i.e. 6 pence in the pound goes to charity. If £1.4 Million is 90% of their profit – that’s an overall profit of £1.55 Million which leaves operating costs of £21.5 Million per annum?
Would you give £1.00 to someone who promised that 6 pence of it would get to the charity?
http://uk.linkedin.com/in/celinerich
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3 comments:
Clothesaid are one of these companies that makes me sick. They come across as whiter than white, giving advice to anyone that will listen about how to stop bogus collectors and they seem to be on the tv every five minutes complaining, when they are the biggest collector in the country. There is no way in a million years that 90% of their profits go to charity. Someone should ask Clothesaid how their big boss can afford to have a £14 million home in France. Not bad from 10% of the profits! Someone should also look into what happened with Clothesaid and Great Ormond Street Hospital 3 years ago. GOSH stopped Clothesaid collecting on their behalf. WHY? Not because they were getting 90% of the profits. There is something very very smelly about the whole set up with them and I think it would be a very good thing if people started to look at Clothesaid as they really are.
This is interesting. 90% of the profits? Scroll down to paragraph 9.
http://www.darlington.gov.uk/PublicMinutes/Licensing%20Committee/October%206%202009/Item%204%20-%20House%20to%20House%20Collections%20Collection%20on%20behalf%20of%20the%20Fire%20Fighters%20Charity.pdf
How dare they profiteer from items donated by people who genuinely believe their gifts will be used for the betterment of disadvantaged people. I stopped giving to charity when I found out how little goes to the intended recipient...
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