Palestine Solidarity Campaign income surges fivefold since Oct. 7
Financial filings reveal that the UK-based Palestine Solidarity Campaign saw its annual income increase fivefold following the October 7 attacks. The organization has leveraged this funding to pressure local councils to divest from companies linked to Israel.
Why it matters
The surge in funding highlights the growing financial power of activist groups influencing local government policy regarding international conflicts.
The income of UK charity Palestine Solidarity Campaign (PSC) has increased more than fivefold since the October 7 massacre, financial filings show.The Jerusalem Post began exploring the finances of PSC after The Sunday Times published an article named 'The well-funded activists driving your council's Gaza obsession.'PSC is incorporated as a private company limited by guarantee, rather than a company with shareholders. It describes its main purpose as building a mass solidarity movement in support of the Palestinian people, their right to self-determination, and the end of "Israeli occupation."PSC income surges following October 7 massacreBefore October 7, 2023, PSC registered yearly incomes of around £600,000 to £700,000.According to its incoming statement for the year ending 31 August 2023, it had a yearly income of £773,886. It listed the direct costs of campaigning at £789,528, putting it in a deficit.
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