HIV charities Crusaid and Terrence Higgins Trust (THT) are to merge.
As of last March, Crusaid was £22,000 in debt and chief executive Jordan Hay said the recession had caused a “decrease” in income.
Crusaid offers funding to people living with HIV and suffering financial hardship. In 2008/9, it distributed £374,774 to 2,106 individuals. This was out of a total income of £1.6 million.
Mr Hay would not say his organisation had financial problems but said it had seen a 15 per cent drop in income in the last two years.