Oxfam blames 'the pinch' for drop in charity donations
Oxfam's income fell £17.6m to £367.9m in the year to 31 March with its two main sources of money, shops and fundraising, down on the previous year.
The charity's annual report, published on Wednesday, shows that the shops' net income fell 9.9% to £20.1m, while fundraising fell 5.6% to £267.8m.
Oxfam Chief executive Mark Goldring told BBC News that shops had received fewer donations due to "people feeling the pinch".
"We had many disasters to respond to last year, but they weren't the big disasters such as the tsunami that make people give money", he added.