Social & Economic Impact

As in previous years, we commissioned FMR Research, an independent social research consultancy, to help us uncover the social and economic impact of our customers.

This year, we have been particularly interested in the creative and innovative work our customers do to support those living in poverty, but also in how our diverse social enterprises are contributing towards creating inclusive economic growth.

Reach

SIS customers are active in all 32 local authorities
Investnments made in 26 local authorities

SIS customers work and engage with a range of beneficiaries:

72%

anyone in the local community

60%

children, young people and families in general

47%

people experiencing long-term unemployment

45%

people living in poverty and/or financial exclusion

25%

former offenders

22%

people with addiction issues

14%

homeless people


1.3m+

individuals benefit from SIS customers' activities

We would be very happy to recommend SIS. They are extremely easy to deal with and are very understanding of our problems and supportive in attempting to find solutions.
Kirkintilloch Community Sports Club

Poverty

22% of the UK population live in poverty and we want to change that. To provide us with a baseline and a foundation for our future work, this year’s survey has explored this in more detail. This year’s report uses the Scottish Index of Multiple Deprivation (SIMD), with figures being estimates provided by our customers.

11%

of beneficiaries living in 0-5% most deprived areas in Scotland (according to SIMD), a total of

157,437

individuals

22%

of beneficiaries living in 0-15% most deprived areas in Scotland (according to SIMD), a total of

299,731

individuals

SIS customers are active in all 32 local authorities

(estimated by SIS customers)


The Junior Adventure Leader programme, in partnership with Castlebrae Community High School, is based around the SQA Steps to Work Award and helps facilitate confidence building, leadership, personal development and work experience for participants. From the pupil base, 95% of the pupils fall within SIMD 1 and 2. The remaining 5% are in SIMD 3 or 4.
Foxlake Adventures

From Strength To Strength

As more investments are made in communities, illustrated by the numbers on the financial highlights page, these support an uplift in employment and trading income, contributing to Scotland’s economy and social fabric.

Employment

3,050

jobs safeguarded
(full-time equivalent)

319

jobs created
(full-time equivalent)

4,897

total employees
(full-time and part-time)

46,531

total number of volunteer
hours in average month

Turnover

£156m

total turnover
(2017: £182m)

dividing lines

£88m

trading income
(2017: £110m)

£30m

grant
(2017: £59m)

£38m

other
(2017: £13m)


29%

of customers reported no grant funding
(up 4% on 2017)


71%

of customers expect turnover to grow next year

Governance
7.56 stars our of 10

SIS customers rated their organisation’s governance arrangements an average of 7.56 on a scale of 0-10, where 0 is very fragile and 10 is extremely strong

95%

of SIS customers rated their organisation’s governance arrangements between 5 and 10 on a scale of 0-10, where 0 is very fragile and 10 is extremely strong

Financial Sustainability
6.25 stars our of 10

SIS customers rated their financial sustainability an average of 6.25 on a scale of 0-10, where 0 is very fragile and 10 is extremely strong

79%

of SIS customers rated their financial sustainability between 5 and 10 on a scale of 0-10, where 0 is very fragile and 10 is extremely strong

Diversity

Social enterprises have a key role to play to create inclusive economic growth. However, our research shows that our customers are less diverse than the social enterprise sector as a whole, suggesting we have more to do to ensure that our investment reaches into all communities.

We explored how many individuals from the following categories served on the governing board or committees of our customers, as well as the diversity of their most senior employee (e.g. Chief Executive).

The findings highlight the opportunity to make both the social enterprise sector and social investment more accessible to all.

Diversity 1

Governing Board or Committee%Social Enterprise Census*Scottish population*
Female40%53%51%
Minority ethnic backgrounds2%3%4%
Aged 25 years or under2%3%28%
Disabilities or long-term health condition7%9%20%

Diversity 2

Most senior employee%Social Enterprise Census*Scottish population*
Female39%64%51%
Minority ethnic backgrounds2%3%4%
Aged 25 years or under2%3%28%
Disabilities or long-term health condition11%15%20%

*data taken from the Social Enterprise in Scotland Census 2017

Salaries

1:2.6

is the average ratio between the salaries of the lowest and highest paid employees

93%

of respondents have a pay differential not exceeding 1:5

70%

pay at least the Real Living Wage in Scotland to all employees

88%

do not use zero-hour contracts

As Others See Us

92% response rate | 8.44 Average mark (out of 10) for customer service

55%

of respondents said SIS’s investment had made a significant difference to what they were able to do

64%

had already recommended SIS to another organisation

71%

said SIS is trustworthy and they have an open and honest relationship with us

74%

think SIS staff understand the social enterprise sector

39%

said interest rates are too high
(2017: 41%)

12%

of respondents said that SIS wants a lot of financial management information on an ongoing basis, which they would not generate otherwise

14%

mentioned inflexibility over interest rates

Investment enquiries 2017/2018

Total number of enquiries:

289

Total estimated value of enquiries:

£30,201,967

SIS Outreach 2017/2018

1794 attendees at 59 workshops